Staff Writer James Davis; Great Read.... Excerpt via Article; The question of tapering of the Fed’s QE program, which was supposed to be a short-term fix for the economic woes of our country, will have to be reconsidered. It was discussed in our last piece as the Fed withdraws cheap money from our economy, the benefits of such a program would recede with it. It was pointed out that the reason the benefits would recede with the program is that the activity of continuously providing cheap money to the economy is not a job creation plan. What the Fed has done with its cheap money policy since 2008 is given this economy an opportunity to right itself.
Posted on: Thu, 30 Jan 2014 18:40:27 +0000