The cost of financial stability

• leveragedpromise

Where does the Fed draw the line between interventions that facilitate short term financial stability versus interventions that facilitate long term busts and bubbles?  This question is in light of Larry Summers suggestion the Fed should buy equities?  Does the Fed consider the impact to main street?

 

http://www.gata.org/node/16825

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s