Re:Big Cable says investment is flourishing, but their data ...
by meric on Tuesday May 13, 2014 @04:21AM
(#7737044)
It was a rhetorical question. I did not say tapering is bad move. I say it is a forced move because they can't afford to keep their current inflationary policy any longer, even when many of economic indicators remain below trend.. I'm not for or against anything the Fed does, the financial system is too far gone to save in the long run.
There's no way that Fed balance sheet will ever return to 'normal'.
The federal debt will never go back to previous levels.
Good. Our perspectives are too different.
Wasn't your first contention that interest rates were too low? Now the Fed is responsible for the lack of inflation because.. why again?
Honestly, I was getting geared up to type a full rebuttal, but if you consider 2.5% p.a. inflation an issue, I'm just going to save my time.