Panda Posted April 24, 2011 Report Share Posted April 24, 2011 http://www.businessinsider.com/the-fed-must-end-qe2-on-april-27th-2011-4 he Federal Reserve has lost all credibility on Wall Street, and most of the American public with the absolute refusal to recognize the dire effects on asset prices that QE2 has created. But the refusal is part of the problem. It reinforces the wide spread belief of investors that the Fed is out of touch with reality, and that they sit in their Ivory Tower implementing an exceedingly loose monetary policy, with the stated goal of inflating asset prices. Quote Link to post Share on other sites
scepticus Posted April 24, 2011 Report Share Posted April 24, 2011 http://www.businessinsider.com/the-fed-must-end-qe2-on-april-27th-2011-4 he Federal Reserve has lost all credibility on Wall Street, and most of the American public with the absolute refusal to recognize the dire effects on asset prices that QE2 has created. But the refusal is part of the problem. It reinforces the wide spread belief of investors that the Fed is out of touch with reality, and that they sit in their Ivory Tower implementing an exceedingly loose monetary policy, with the stated goal of inflating asset prices. pure snake oil, that article.So one sided its laughable. Quote Link to post Share on other sites
indirectapproach Posted April 24, 2011 Report Share Posted April 24, 2011 Real estate asset prices are going through the floor in the US. So if some article is saying QE whatever no. is supposed to be keeping them high ..... ? Quote Link to post Share on other sites
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