Fed’s Fisher Admits “Fed Has Levitated Markets”, Warns Of “Signs Of Excess” | Zero Hedge
Fed’s Fisher Admits “Fed Has Levitated Markets”, Warns Of “Signs Of Excess” | Zero Hedge:
FOMC voting-member Richard Fisher is among the sanest voices in the Eccles Building asylum and he is once again sounding alarms that all is not well in US financial markets: *FISHER SAYS FED HAS ‘LEVITATED’ MARKETS, SEES SIGNS OF EXCESS IN FINANCIAL MARKETS Furthermore, Fisher notes The Fed can’t force companies to hire, and would like to see rate hikes as early as Spring 2015.
Hahaha “Levitates” it makes the Fed sound like a bunch of innocent stage actors instead of a group of aholes using taxpayer money to inflate the bottom lines of big companies and the wealthy at the expense of the middle class. Yes, ‘levitate’ is not the word I’d use for ‘inflated the economy to the largest bubble it has ever had and thrown the entire world economy on to the top of a precipice.’
But sure, we can pretend we’re wizards instead.
