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Fed’s Bullard threatens more QuantSleaze. Spock – Bears Chat

In today’s speech, found here:

http://www.stlouisfed.org/newsroom/displayNews.cfm?article=1814

St. Louis Fed Head Bullard laments deflation (you know, except in the price of food, gas, insurance, medical care, education, travel, housing and auto prices!!!) and threatens that the Fed is gonna pull the “Chicken Switch”, unleashing more QuantSleazing.

(Spock Conclusion): Heh, all it takes is for the Dow to drop a couple of hundred points and our central bank Pigmen go into a panic and promise to fling more fiatscos.

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