Nameless Critics Attack the Fed at the NYT

In an article that told readers of the Fed's plans to keep its zero interest rate policy through 2014 the NYT commented:

"there is growing criticism that the Fed's policies are unfairly taking money from savers, including many seniors who planned their retirements around the interest rates that low-risk assets like bank deposits used to pay."

It would have been worth pointing out that one of the goals of this low interest rate policy is to get savers out of low risk assets and into something ...