Tuesday, November 19, 2013

Fed trying to do the impossible

Peter Schiff said something like this: A hard trick is like pulling the cloth out from under the dishes on the table. What the Fed is trying to accomplish is to pull the table out from under the cloth and leave the cloth and dishes suspended in mid-air. 

Where is the exit strategy that for years, so many have touted is possible?

Fed Ponders How to Temper Tapering Without Rate Increase
http://www.bloomberg.com/news/2013-11-19/fed-ponders-how-to-temper-tapering-without-rate-increase.html

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