Posts Tagged ‘US dollar’

The Fed is Pushing on a String

Posted by Jeff Rubin on September 18th, 2012 under SmallerWorldTags: , , ,  • 5 Comments

No matter how hard the Fed pushes, the US economy isn’t going to respond to yet another round of quantitative easing. What ails the US economy is not the cost of credit. From car loans to mortgages, borrowing money has never been cheaper. The Fed’s aim to stir the economy by printing more money is [...]

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As the Federal Reserve Board gets ready for yet another round of quantitative easing (i.e. printing more money), one may well ask: why? If previous quantitative easing hasn’t spurred domestic spending, why does the Fed believe that more of the same will suddenly produce results? It’s not domestic spending that the Fed really hopes to [...]

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