Fed Urged by IMF to Delay Rate Liftoff to First Half of 2016

This charade of the Fed "normalizing" rates (letting bond yields rise) has been a pipe dream all along, as I have predicted.  The US, along with all the developed economies--including China, are entering panic mode, as endless printing of their currencies is not stimulating their respective economies.  Even mainstream financial media outlets and pundits are now questioning "unconventional" monetary expansion, something us "fringe" bloggers were questioning seven years ago.  It's merely compounding debt on top of debt.

And if yields do normalize, the piles of debt will render economies insolvent as debt-servicing costs soar.

QE to infinity!

http://www.bloomberg.com/news/articles/2015-06-04/fed-urged-by-imf-to-postpone-rate-liftoff-to-first-half-of-2016