The power wielded by unelected bureaucrats at the Federal Reserve is brought to bear worldwide. Their latest intervention in the global economy made it cheaper for Europe to borrow dollars, thereby propping-up Europe’s tottering banks and left-wing economies such as…
Tag: Federal Reserve
QE3 Heading Our Way Soon
I know, I know, I read what the Fed said on Monday. I just don’t believe it. I would be shocked if the Federal Reserve doesn’t roll out a fresh round of quantitative easing (QE) to spur more robust economic…