Registered: Jan 2006
10-23-12 11:50 PM
Quote from denner:
It's inevitable...the sad part is we have just as many delusional idiots on this board who would support this type of monetary "insanity". The same folks who never see inflation, who continue to argue that it was "the only course of action", etc, etc...
We'll see just how damaging 8 years of ZIRP has been well before 2015. "Zero sum" as in bailout of the financial institutions at all costs kills off many other sectors of this patchwork economy.
I support this "insanity" because it is working and it is better than the alternative. I am very concerned about present inflation and future inflation. But inflation isn't the only thing the Fed has to be concerned about.