Likely not reading material at the Fed today is Annaly (NLY) CEO Mike Farrell's latest. He...

|About: Annaly Capital Managemen... (NLY)|By:, SA News Editor

Likely not reading material at the Fed today is Annaly (NLY) CEO Mike Farrell's latest. He likens Western economies to a patient being treated as if he had a bacterial infection, when what he has is a virus, often requiring just letting the disease run its course. Even worse, treating a virus with bacterial remedies - massive doses of antibiotics, i.e. liquidity - prevents the body from healing itself.