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03-10-2012, 11:02 AM #1
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Why the Fed is dead wrong Easy money is killing the real economy
Why the Fed is dead wrong
Easy money is killing the real economy
Fed manipulation punishes savers and retirees and sets us up for an even bigger
Borrowing short and lending long...trying to suppress longer term interest rates to keep the game going until the economy grows itself into a solution.
Good luck with that one.
James Grant is one of the longest running
and most articulate critics of the Fed's
endless attempts to "fix" the economy.
If you have any doubts or need to be brought
up to speed on the latest Fed scheme and why
it is bound to backfire...you won't find better
than this.
Video:
Central banks Why the Fed is dead wrong
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