Who Cares About America’s Financial Mess? Let’s Just Print More Money

Market Curator

Money printing by the Federal Reserve will continue into the near future. And  while it will help America avert a recession, the flow of easy money will be  disastrous over the longer term.

The reality is that the current bull market and rebound in the housing sector  that has made some people very rich is a by-product of the Federal Reserve, as  the central bank has built this artificial economy in America that’s driven by  the availability of cheap money. Recall the subprime mortgage crisis in 2008 was  also driven largely by cheap money.

The problem is that the Federal Reserve had some tough decisions to make.  Either let the country revert back to a possible recession or offer loose  monetary policy to drive spending. Of course, the Federal Reserve only really  had one choice.

While I agree with the Federal Reserve, with the economy now in recovery, you  kind…

View original post 191 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: