Fed raises rates from 0 percent to .25 percent

[King]

DeadPrez is just itching to send us into a recession for no reason.

Go invest in gold, bro. You would have made so much money! =|

[King]

There's plenty of incentive in the tax code for saving for retirement, which is the only thing you should be saving for.

[King]

More savings = more loans is old fashioned banking. Modern banks only care about the capital requirements they have to meet. It doesn't matter how much people are saving

[King]

If you really wanted more saving, better solution would be to make high-yield CDs tax deductible, so people have more incentive to store their money and banks have more incentive to chase after savers with good rate offers.