Friday, April 03, 2009

Wait ... Wait ... Don't Clam Up Now Before Proper Cultural Market Functioning Is Fully Restored!!

“The Fed's balance sheet could expand by another "couple of trillion" dollars given the central bank's current commitments, but some programs will start to shrink as proper market functioning is restored, [Fed Vice Chairman Donald Kohn said Friday].”

“Fed seeks exit strategy” April 3, 2009


Header credit: (c) CRABS OF THE SEASHORE OF THE BRITISH ISLES by Andy Horton & Jane Lilley. 2009. Copyright controlled. With thanks.


Post a Comment

<< Home