continuation of the Ponzi requires debt markets to continue growing without limits …. who is gonna buy all this new and roll-over debt that needs to find a home? no guidance from the Bernank re: QE3 as it might cause a waterfall decline in debt marke…
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Fed’s Plosser: Monetary policy has its limits
by a Wall Street Examiner • • 0 Comments
Fed’s Plosser: Monetary policy has its limits
Monday January 17, 2011, 7:39 am EST
WASHINGTON (Reuters) – Monetary policy cannot speed up labor market healing or prevent asset price bubbles, and counting on it to do so may do more harm than good, a t…
