Asset Bubbles 101: Wall Street is a Symptom of a Bigger Problem
Chances are if you are reading this public essay it may be because of your abundant curiosity surrounding the most recent economic instability in the United States stock, housing, and employment markets. Subsequently, this instability ends in yet another devastating recession that makes each of its respective predecessors look like a tiny blip on the radar.
https://medium.com/@sslifermosher/asset-bubbles-101-wall-street-is-a-symptom-of-a-bigger-problem-e72f9a2fafe3#.g8lipazco
Chances are if you are reading this public essay it may be because of your abundant curiosity surrounding the most recent economic instability in the United States stock, housing, and employment markets. Subsequently, this instability ends in yet another devastating recession that makes each of its respective predecessors look like a tiny blip on the radar.
https://medium.com/@sslifermosher/asset-bubbles-101-wall-street-is-a-symptom-of-a-bigger-problem-e72f9a2fafe3#.g8lipazco
The Fed Reserve might be independent, but they can't really act in isolation. If you think QE has damaged markets, you have to imagine what the absence of QE would have done. Most people tend to think that if the Fed had failed to implement QE, our position would have been far worse.
In a way I'm glad they added QE to make sure everything didn't go completely to hell, but there should have been decisions made before it was necessary to avoid it having to be implemented in the first place.
