Jul 19, 2017
Both monetary and fiscal policies have gone off course and need to be reset.
The Public Record
★ Featured Quote
November 6, 2017
The purchase of mortgage-backed securities by the Fed is a dangerous long-term strategy.
— Mickey Levy
Both monetary and fiscal policies have gone off course and need to be reset.
Fiscal policies have resulted in dramatic increases in debt, but they really haven't addressed some of the key structural factors.
The Fed has created an extremely unhealthy relationship with financial markets.
The Fed's unconventional policies do deserve credit for lifting the economy and financial markets from crisis in 2008 and 2009.