“Fed policy dictated by culture rather than economics…”
“The Committee judges that there has been a substantial improvement…”
At some point, we will have to pay the piper.
What’s scary is that the numbers are so big that the severity of the eventual crash is going to be unimaginable.
“…Americans across this country are looking for us to change course.”
And we have just begun to see the results of our irresponsibility…
Even if you don’t share my inner calm, I’m going to tell you why you should…
“I think what the Fed is doing is so unprecedented…”