'You Are To Blame': Sobering Words From Dallas Fed President [View article]
"No, central bankers created the mess. Let them live with the guilt and not blame their victims."
I think what he's saying is that the Fed's hand was forced by fiscal defecits. But I agree that the Fed is part of the problem and, at least since Volker, hasn't been part of the solution.
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"No, central bankers created the mess. Let them live with the guilt and not blame their victims."
Jun 04 19:22 pm
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All Comments by Paul D. Castro, CFA »'You Are To Blame': Sobering Words From Dallas Fed President [View article]
I think what he's saying is that the Fed's hand was forced by fiscal defecits. But I agree that the Fed is part of the problem and, at least since Volker, hasn't been part of the solution.