All the Fed is doing is making it easier for you to frontrun them. This is not good for our country or financial system Jeff. The Fed is not a force for good or stability. You can dismiss me as an idealist or someone on the fringe, but the truth is the actions taken by the Fed are promoting financial repression in this country and acclerating the transfer of wealth into fewer and fewer hands. We are pillaging the savings of responsible, hard-working individuals to artificially prop up asset prices. Furthermore actions taken by the Fed to keep rates low, merely exacerbate the profligacy of our government and create disincentives to cut spending so we continue to accumulate debt, thus mortgaging our children and their children's future.
Submitted by Bulleri on Thu, 2012/01/26 - 12:52pm »