Comment: Bloomberg: Stockman Warns of Crash Of Fed-Fueled Bubble Economy

(See in situ)


Bloomberg: Stockman Warns of Crash Of Fed-Fueled Bubble Economy

In an essay published yesterday in the New York Times (NYT), Stockman wrote that the Fed’s quantitative easing policies in the aftermath of the credit crisis have flooded stock markets with cash even while the “Main Street economy” remains weak. The combination, he wrote, is “unsustainable.”

http://www.bloomberg.com/news/2013-03-31/stockman-warns-of-c...