Federal Reserve “Time Bomb”

Federal Reserve “Time Bomb”
The interest the Federal Reserve pays to banks on excess reserves should be reduced to zero. The Fed must then start selling the securities it has bought from the public before the $2.58 trillion bomb explodes with trillions of dollars flowing into the non-bank private sector.

 http://www.huffingtonpost.com/robert-auerbach/federal-reserve-officials_b_5431792.html?fb_action_ids=10202317246273717&fb_action_types=og.shares

 

Leave a Reply

Your email address will not be published. Required fields are marked *