“The Fed has spent much of the last 15 years manipulating the stock market.”
Here is something you rarely see on the mainstream media, especially CNBC. Prominent hedge funder Kyle Bass of Hayman Capital tells CNBC: â€œgiven my outlook on the world, I donâ€™t know how you can be long stocksâ€. Bass: â€œIf we get a global restructuring, if we get the European periphery [Bass said EU stress tests… Read More »
However much it infuriates people like Paul Krugman to hear analysts warn about inflation while the economy is still sputtering along joblessly, there is good reason to worry about the ability of the Federal Reserve to prevent the massive build up of the monetary base from resulting in out of control inflation.