Fed's Plosser 'very worried' about QE consequences

Matt Clinch CNBC 6 Mar 2014

Philadelphia Federal Reserve President Charles Plosser is “very worried” about the potential for unintended consequences of the Fed’s massive quantitative easing program.

Plosser told CNBC that the U.S. was still suffering from “lasting effects” of the recession and “may never return” to its previous growth rates—and warned that policy […]

Economist: Fed taper is ‘a toe in the water’

Jake Tapper The Lead CNN.com 12/18/2013

Federal Reserve officials decided Wednesday to start gradually reducing their massive economic stimulus program.

Beginning in January, the Fed will buy $75 billion in bonds each month, down from the $85 billion it had been buying since September 2012.

“This is a toe in the water,” said chief economist […]

Obama Appointee Says Obama’s Policies Have Stalled Economy

Income Inequality Up as a Result of ‘Policies We’re Pursuing to Jumpstart the Economy’

Bill McMorris The Washington Free Beacon 8/21/2013

An Obama appointee and the CEO of Pacific Investment told a crowd at the National Press Club that Obama’s economic policies have fostered income inequality and that political squabbling is stalling economic recovery.

Mohamed […]

‘Markets Under The Spell Of Monetary Easing’ Bank Of International Settlements Finds… Same As ‘Then’

…[Fannie Mae and Freddie Mac are] adequately capitalized. They are in no danger of failing…

 

Tyler Durden Zero Hedge 6/2/2013

Then….

Ben Bernanke 7/1/2005, CNBC interview:

INTERVIEWER: Tell me, what is the worst-case scenario? We have so many economists coming on our air saying ‘Oh, this is a bubble, and it’s going […]

WSJ: Federal Reserve Mapping Exit From Stimulus

The Lonely Conservative 5/10/2013

Is QE Forever going to come to an end? Maybe, sort of, but we don’t know when. The Wall Street Journal reports that the Federal Reserve is now starting to map its exit strategy from ongoing bubble inflation, er, I mean stimulus.

Federal Reserve officials have mapped out a strategy for […]

Stockman Warns of Crash of Fed-Fueled Bubble Economy

Richard Rubin Bloomberg 4/1/2013

The U.S. economy is in a bubble inflated by “phony money” from the Federal Reserve and will burst within a few years, warned David Stockman, who was budget director for President Ronald Reagan.

In an essay published yesterday in the New York Times (NYT), Stockman wrote that the Fed’s quantitative easing […]