The Traderszone Network

Published in TZ Latest News 30 November, 2015 by The TZ Newswire Staff

Larry Lindsey Crushes Steve Liesman’s Dreams, "The Foolish Fed’s Bubble Policy Always Ends Badly"

Former Fed member and National Economic Council director Larry Lindsey unleashed a barrage of uncomfortable truthiness on no lessor Fed apologist that Steve Liesman this morning. In the brief span of 4 minutes, Lindsey demolished Fed policy, “The idea of letting an asset bubble run is literally on of the most foolish things a central bank can do… they always end badly;” crushed the status quo, “Everyone loves the upside but the clean-up is tough… everyone loves a party… but they always end badly with a hangover…

read more