Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An “Economic Shock”

Monday, August 22, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Aug 22, 2016

“Large-scale asset purchases and forward guidance about the future path of the federal funds rate have almost no ability to offset a shock in current circumstances, but down the road may be able to provide enough additional accommodation to fully compensate for a more limited [ability] to cut short-term interest rates in some, but not all and maybe even not most, circumstances.”

The Rest…HERE

One Response to “Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An “Economic Shock””

  1. Central banks are robbing us blind. They are operating above the law, literally stealing most of the wealth in the world. How long are we going to tolerate it?

    #2470520

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