ylliX - Online Advertising Network
General Market News

A Day Late & A Dollar Short – The Fed’s Coming Policy Mistake

A Day Late & A Dollar Short - The Fed's Coming Policy Mistake

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

The history of “financial accidents” due to the Fed’s monetary intervention schemes is evident. Not just over the last decade, but since the Fed became “active” in 1980. The Fed’s assumption is that by providing excess reserves to the banking system, the banks would lend those funds, thereby expanding economic activity.

...read full article on Seeking Alpha

ylliX - Online Advertising Network