Yellen’s Oversight of the Fed Is Not Producing Monetary Policy but Disbelief

The real product of the Fed these days is not monetary policy but disbelief. People can’t believe the amount of speculation, conversation and outright complexity that results in… nothing. Yellen is basically presiding over the deflation of the Fed’s reputation. Every month more and more credibility leaks away. And this month was no exception. For […]

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from The Dollar Vigilante https://dollarvigilante.com/blog/2016/09/22/yellens-oversight-fed-not-producing-monetary-policy-disbelief.html
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