Tag Archives: fed

What is Going on with the Fed? No, Not Anything Like What it Seems | Ricochet.com | 12.15.12

6.5% unemployment or bust; until then, the money spigot is open wide. This was the gist of the Fed’s world-headline-grabbing announcement this week. Less noticed was that, as the FT reported on the same day, “The US Federal Reserve is carrying out its first ever system-wide stress test of bank liquidity…”  Translation: The Fed will be pushing […]
Posted in Economic Policy: US Debt Crisis | Also tagged , | Comments closed