'The Fed's Other Trillion $ Problem'

[Tsing Tao]

Quote from piezoe:

I believe the lessons learned from the Greenspan Fed will sink in and that the Fed will be able to unwind without to much havoc when the time comes. But only time will tell. If mistakes are made, I believe they will be new mistakes.

What a laugh. Yes, even a whisper of unwind has caused more volatility than has been seen in a long time. The real thing - if it ever occurs - will be a walk in the park, right?

As far as mistakes go, the fact that they are new doesn't make them any less painful.

 

[Humpy]

Same sort of people helping themselves to public money.
The smoke and mirrors trick is still good enough to fool the general public.
Anyone else of some stature is immediately bribed or threatened mafia style to change their views. The Fed etc. doesn't exist for the general good of the country but for the rich who tell them what to do and say !!

Even the politicians have to be careful to say what they are told to say or else !!