There Is No Graceful Exit for the Fed, Mark Zandi |
| September 30, 2014 | September 2014 Bond Updates |
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Mark Zandi, Chief Economist of Moody's Analytics, doesn’t get it. Like most economists today he looks at the world through the lens of a Keynesian economist. Through that lens, owing to the easy monetary policies of an enlightened Federal Reserve, he thinks the U.S. economy is finally in recovery mode. Only one hurdle left - a "graceful" exit from those easy monetary policies. We say not a chance. |
| View more at: http://www.forbes.com/sites/michaelpollaro/2014/09/29/there-is-no-graceful-exit-for-the-fed-mark-zandi/ |
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