Showing posts with label respond. Show all posts
Showing posts with label respond. Show all posts

Thursday, September 27, 2012

Plosser Says Fed is Prepared to Respond to Europe Crisis

This is code-speak for "we will bail out Europe too", as the Fed has for several years now--in the form of currency swaps.  This is beyond lunacy.

http://www.bloomberg.com/news/2012-09-27/plosser-says-fed-is-prepared-to-respond-to-europe-crisis.html