Federal Reserve Bank of Dallas President Richard Fisher said that while the economy is slowing, thereâs little risk it will sink back into a recession and policy makers have âdone enoughâ to spur growth. âI donât think weâre going to go backwards,â Fisher said in an interview with CNBC today. âI think weâve done enough,â Fisher said. âWe ought to be very careful about not going too far. Interest rates are zero. Itâs not the cost of money thatâs the issue.â http://noir.bloomberg.com/apps/news?pid=20601087&sid=aw6G1uhi1Ci0&pos=5 Simply true.
My view.... he's full of CRAPOLA! Doesn't understand how "it's different this time". Or, maybe he DOES understand... just doesn't want to spook folks with the truth..