The Great Immoderation: How The Fed Has Sown The Seeds Of The Next Recession
by Tyler Durden
ZeroHedge.com
03/12/2015
There was a point in 2010 when American capitalism might have had an opportunity to heal itself and commence on a long march toward sustainable growth and real wealth gains. But the monetary politburo would have none of it – keeping the pedal to the metal until this very moment… and the rest is history. The Fed and the other central banks around the world have fomented a new and even more virulent and dangerous financial bubble.
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