Thursday, December 13, 2012

DailyMarkets.com - Federal Reserve Misses The Target

DailyMarkets.com - Federal Reserve Misses The Target

Federal Reserve Misses The Target

Posted: 13 Dec 2012 05:21 AM PST

Stand back.
A marksman with a powerful weapon not properly focused on an appropriate target is capable of wreaking real havoc.
Who is the marksman? Federal Reserve chair Ben Bernanke. What is his powerful weapon? Monetary policy. What is the appropriate target? The level of employment in our nation. What might be the havoc? The list is too long but let's start with a breakdown in the relationship between monetary policy and inflation and work our way to civil unrest. Havoc does not typically … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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