How the Fed Could Spark Even More Profits from This "Cashless Wonder"

Most media tuned out once it became clear the U.S. Federal Reserve wouldn't act to raise interest rates in September. But in doing so, the media failed to report on some illuminating predictions from the Federal Open Market Committee's "dot plot" on where they think the Fed funds rate will be in the near, medium, and long term. What the media didn't tell you was that an FOMC member actually predicted a negative Fed funds rate - for the first time ever in Fed history. In light of what we already know about the Fed's plans for a "War on Cash," the FOMC member's comments would seem downright scary - if we weren't so beautifully positioned for even more profits from the Fed's plan. Tags: cashless society , Fed , Federal Reserve , FOMC prediction To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How the Fed Could Spark Even More Profits from This "Cashless Wonder" appeared first on Money Morning - We Make Investing Profitable .