Submitted by Tyler Durden:s Janet Yellen prepares to meet with
President Obama this morning for the first time, it appears The Dallas
Fed's Richard Fisher has planted a rather uncomfortable tape bomb for
her to explain:
- FISHER: QE3 WAS A GIFT TO THE RICH
* * *
Janet Yellen becomes aware of the inequality "problem"...
And
maybe understands why...
* * *
To those that suggest QE was a victory, we have words and pictures...
If it was so successful, why did they stop?
and does this look like the chart of a successful monetary policy action?
Well, yes, if one believes the lies:
- Bernanke 4/22/14: FED ACTIONS DIDN'T FAVOR WALL STREET OVER MAIN STREET
Source
X art by WB7
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