Allan Meltzer questions how the Fed is ever going to be able to withdraw its extraordinary...

|By:, SA News Editor

Allan Meltzer questions how the Fed is ever going to be able to withdraw its extraordinary stimulus. Selling bonds to MBS to money funds? It's a "smokescreen," Former Fed man Larry Meyer disagrees: "They have a plan." Mike Tyson chimes in: "Everybody has a plan until they get punched in the face."