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Posts Tagged ‘FOMC members’

Federal Reserve: Increasingly Defensive and Admits Structural Issues

Posted by Larry Doyle on November 22nd, 2010 7:55 AM |

The Federal Reserve may be America’s greatest enigma.

The Fed would clearly much prefer to remain opaque in the midst of our current economic turmoil. However, even the ‘all powerful’ Fed is unable to withstand the pressure from those seeking answers and clarity while navigating our economic landscape.

I have often tried to highlight the Fed’s shortcomings and inconsistencies. From the Fed’s overly optimistic economic projections to its unwillingness to openly admit the ongoing structural issues and changes within our economy, I believe the Fed has been playing politics for far too long and well beyond its goals and mandates. (more…)






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