Courtesy of Joe Weisenthal on Business Insider we are privy to this gem of economic wisdom. Explaining why allowing rates to rise would be a bad thing he says:
“We’d be incentivizing people to save more at a time when the biggest problem is a lack of investment and hiring. “
Make a note of that. Investment can occur in the absence of prior savings. Rest assured I will be checking the weather forecast more often so I don’t miss any more of the periods of investment falling from the sky in my area.