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Keyword: nernanke

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  • The Fed's Monetary Stimulus Does Little For Economy, But Creates And Perpetuates Asset Bubbles

    10/27/2013 7:08:40 AM PDT · by whitedog57 · 3 replies
    Confounded Interest ^ | 10/21/2013 | Anthony B. Sanders
    The next Federal Reserve Open Market Committee meeting in on October 30th, a preview of Halloween. Despite the lack of evidence of positive growth in the economy, The Fed will likely keep on printing. fedbalshet102613 Two of The Fed’s tools in its arsenal are the Fed Funds rate and longer-term asset purchases (aka, quantitative easing). So, what is the record on the employment front with regard to Fed policies? Let’s take a look. Here is a chart of the unemployment rate (white line) compared to the Fed Funds Target rate (gold) and The Fed’s Balance Sheet (longer-term asset purchases). u3fedpol2...