Formerly NE North Dakota, now NW MN | John- what's your point here? That the fed is evil no matter what? I thought QE was terrible and going to cause hyperinflation. Who cares what premise ends it.
The fed does not care about the banking system more than the broader real economy. Their very clear on their dual mandate. If you think they are a big conspiracy now, wait till Larry summers gets in the and turns the fomc into the monitary wing of the u.s. Fascist party |