Where are we headed?
“The Fed continues to operate an open bar for the fiscal drunks in Washington,” says economist Ed Yardeni.
“Central banks cannot solve structural problems in the economy,” Stephen Cecchetti, head of the monetary department at the Bank for International Settlements
Stephen Roach of Morgan Stanley has said: “Washington policymakers are doing everything they can to forestall rational economic adjustments.”
The Federal Reserve's Zombie Economy
Published December 13, 2012
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Read more: http://www.foxbusiness.com/
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