Tuesday, September 10, 2013

Fed Uberdove Admits Policy Causes Asset Bubbles (And They're Here To Stay) - Full Speech

So the blogosphere was demonized for being crackpots when we alleged the Fed was creating asset bubbles and collapses with QE and zero interest rate policies.

Well, now, the Fed itself admits guilt.  Again, to my critics:  too bad for you.


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