Tuesday, Aug 03, 2010
Carry on Easing...
Telegraph: Federal Reserve to start the deflation fight next week, expert claims
''The Federal Reserve is set to kick-start a new phase of monetary easing, a leading Wall Street economist claims. Paul Sheard, Nomura's chief global economist, argues that the current conditions are ripe for the American central bank to take affirmative action to put the US recovery back on track. ''
Posted by hpwatcher @ 05:53 AM (625 views) Add Comment
8 Comments
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1. uncle tom said...
There's no-one like the Yanks when it comes to conjuring up mythical enemies to go to war with...
..but never mind; as Churchill once said:
"You can always depend on the Americans to do the right thing..
..after they've tried everything else.."
2. mark wadsworth said...
Why does this remind me of Japan, who have been announcing one final fiscal stimulus after another for what seems like forever?
3. techieman said...
Aren't those people at the fed beastie!!!
4. braindeed said...
.....Or a more grubby version
parental Barsch
5. braindeed said...
*blush*
Or this link if I've screwed up again .... http://www.youtube.com/watch?v=sM9CePUnZ_s&feature=related
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