A “senior Fed official” says that the Fed’s “artificial” suppression of interest rates at extremely low levels “causes bubbles.”
12:09 pm CDT
April 8, 2010
http://www.lewrockwell.com/lrc-blog/closet-austrian-economist-at-the-fed/
A “senior Fed official” says that the Fed’s “artificial” suppression of interest rates at extremely low levels “causes bubbles.”