Thursday, April 18, 2013

Steve Forbes: Fed Policy Continues to Plague Asset Markets, Economy

 

The Federal Reserve’s massive easing program is still wreaking havoc on asset markets and the economy, says Steve Forbes, chairman of Forbes Media.

“[Fed Chairman] Ben Bernanke has pulled off a neat trick that could well give us the worst of all worlds: a brief commodity deflation, future inflation and a stagnant economy,” Forbes writes on Forbes.com.

“It will earn him a prominent place in the central bank’s Hall of Infamy.”

More @ Money News

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