In my opinion there isn't anything about the Federal Reserve that is right, but at long last, Yellen has publicly admitted it in regard to inflation and employment. Shocking, apparently now the data is all wrong!
Obviously its way deeper than that.
I believe that means we can expect the stocks to go higher and the dollar will have less purchasing power. But, that the value of gold and silver will go up, and that crude oil will go higher! The Fed admitting they got it wrong will effect all of the markets. And, I think we will see even bigger distortions.
It will be interesting to see how mainstream financial talking heads are going to spins this.
I think this is the biggest thing we have heard in a long, long time.
by myvoternation6 years ago
Today's question: Do you believe Federal Reserve Chariman Ben Bernanke's monetary policy will cause inflation?Let's debate...**If you want, you can also post responses here on myvoternation site
by Grace Marguerite Williams5 years ago
Election time is nearer and nearer. It is time now for President's Obama assessment. What grade you give President Obama so far? Please detail what grade you would give and why?
by JeniferD7 years ago
Any thoughts about Obama's back-pedaling on any bills to bring back American jobs?
by Jack Lee5 months ago
Equal odds that the GDP will be better or worst...than projected...in the future.Thanks for that forward guidance.Spoken like a true politician.Where does she get her training? In Vegas?Is she qualified to run the Fed?
by ahorseback6 years ago
President Obama has essentially followed the policies of President Bush in the middle east , in the wars and in economic policy , Still no regulation of the energy companies , wall street or the banking institutions ....
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