Posted by: Jayme Johnson on: November 23, 2010
According to minutes from the Fed’s November 3 meeting released Tuesday, more than half of the central bank’s policymakers thought it would take about five or six years for unemployment, growth and inflation to return to more normal levels. Other Fed members warned the full recovery could take even longer than that. via Fed forecasts [...]
Posted by: Jayme Johnson on: November 10, 2010
Continuing the line of criticism she began Monday, Palin published on Wednesday a Facebook note, bearing her byline, that argues the Fed’s quantitative easing program won’t get the U.S. economy out of its rut. “By the time this experiment is over, QE will make us queasy,” the note reads. via Palin Blasts Fed’s Quantitative Easing [...]
Posted by: Jayme Johnson on: July 6, 2009
I found it quite ironic after the last entry that as I was finishing up the book- Secrets Of The Temple I came upon the following quote: If consumers were eventually forced to pull back, if enough families reached the point where they could borrow no more chips, then the poker game must stop. Recession [...]