Thursday, April 5, 2012

Reblog: Why Nobody Is Happy With The Fed Meeting Minutes

My friend Kathryn puts it perfectly.

Why Nobody Is Happy With The Fed Meeting Minutes:

We should be happy that the economy doesn’t need anymore bond buying in the near term since that’s like an emergency lever. But we’re not. We’re not happy because it’s the drug that has kept the economy going for the last 5+ years. Yep, without the quantitative easing in the pipeline, who knows what will happen to the economy. And we know Bernake doesn’t know