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  • Tue, Mar 13, 2012 - 02:28am



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    The FED

 This is an interesting summary/opinion. The Fed is actually so arrogant in its ideas.

  • Tue, Mar 13, 2012 - 03:14am



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    “Do something, do anything” — Desperation

  “Sterilized fx: They may attract attention and make people feel good, but ultimately they’re all show and no dough”~The Federal Reserve Bank Minneapolis


If they don’t work, why do them?

In the end, as described above, sterilized fx interventions—like their cinematic counterparts—are all show and no dough. Economic theory and empirical evidence tell us so. So why do them? At this point, a perfectly good answer would be to throw up one’s hands and say, “I don’t know.” But let’s take a look at a couple of commonly cited rationales. Link to FRB Paper




  • Wed, May 16, 2012 - 11:01am

    Peak Prosperity Admin

    Peak Prosperity Admin

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    Thanks for sharing this

Thanks for sharing this informative blog here with us…!

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