Inflation, economic malaise the result of Fed “Stimulus”

By: Frederick (Diary)  |  November 4th at 06:24 PM  | 

The Federal Reserve, along with the Obama Administration, are seemingly ecstatic with the idea of reintroducing us to the Carter Administration. Global stock markets surged and the U.S. dollar fell against major currencies following a Federal Reserve decision to pump $600 billion into circulation to push interest rates lower. It is a move intended to accelerate the U.S. economic recovery, and while investors appear to | Read More »