In a very real sense, the Fed has kept Obama afloat. IMO they will keep printing until a looming Reopublican victory (e.g., control of the senate, the presidency, or both) gives them the green light to “reset” so that Republicans will take the blame for the resulting economic mess. Yellen is a hardcore Dem.
Yep. This is just one of the shiite sandwiches that Obama has prepared for any future Republican Presidents.