Home > Economy, Federal Reserve > The Clueless Fed Branch Presidents, on QE2

The Clueless Fed Branch Presidents, on QE2

The Clueless Fed Branch Presidents, on QE2
By Robert Wenzel, Editor & Publisher
economicpolicyjournal.com
February 25, 2011

The most important thing you need to know about QE2 right now is that most of the money the Fed is printing is not ending up in the economy, but as excess reserves back at the Fed.

Yet, Fed branch presidents, of all people, babble on as though they aren’t even aware of this fact.

Continue @ http://www.economicpolicyjournal.com/2011/02/clueless-fed-branch-presidents-on-qe2.html

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