Patrick Toomey actually said...

One of the things that concerns me is that the strategy itself is designed, in part, to raise inflation expectations.

The Taylor Rule would call for a Fed funds rate of about 1 percent right now.

I sometimes wonder how much we learned from the recent bubbles, and given the current policy, I worry about whether we are not in the proces...

It seems to me that a Treasure Secretary would have to willfully choose to default on our bonds.