With banks entering insolvency every week, the Fed is in no position to start unwinding any of its balance-sheet policies. Until the Fed deems the sector stable, entrepreneurs will be forced to guess as to what price inflation lies ahead. FULL ARTICLE by David Howden
Source link: http://archive.mises.org/13457/can-the-fed-successfully-exit/
Can the Fed Successfully Exit?
Previous post: Jefferson’s Disastrous Embargo