Kudos to MMs
- Thread starter nitro
- Start date
FED minutes shows FED clearly worried about excess liquidity fueling speculative bubble(s):
http://finance.yahoo.com/news/Fed-s...tml?x=0&sec=topStories&pos=main&asset=&ccode=
I may be proven wrong, but all I see is corporations having a party riding the low rates environment, and literally close to zero healing in the mainstreet economy. There is almost no incentive to (re)hire. Zero rates no longer has the theoretical effect it once had.
Unfortunately, the FED has to allow enough time to prove it's theories wrong. I on the other hand, believe in "failing fast." When what should work doesn't, don't panic, but go into crisis mode sooner and be willing to accept that markets are always ahead of theory.
Friends and family are taking people in, but at some point the whole thing will blow up.
http://finance.yahoo.com/news/Fed-s...tml?x=0&sec=topStories&pos=main&asset=&ccode=
I may be proven wrong, but all I see is corporations having a party riding the low rates environment, and literally close to zero healing in the mainstreet economy. There is almost no incentive to (re)hire. Zero rates no longer has the theoretical effect it once had.
Unfortunately, the FED has to allow enough time to prove it's theories wrong. I on the other hand, believe in "failing fast." When what should work doesn't, don't panic, but go into crisis mode sooner and be willing to accept that markets are always ahead of theory.
Friends and family are taking people in, but at some point the whole thing will blow up.