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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Friday, March 01, 2013

The Recent FOMC Minutes Should Anger Every Investor | Zero Hedge

The reality is that the central bank is panicking. They have painted themselves into a corner and when inflation does come then they will have a very very difficult to time raising interest rates to try to tame it. Raising interest rates will slow the economy and make central government deficits even greater risking default and repudiation. On the flip side, if there is a deflationary event, then we will probably see difficulty for the government in collecting enough taxes necessary to operate and again risking default.

In the meantime, the Fed is paralyzed and can do nothing but wait for the bad stuff to happen.

The Recent FOMC Minutes Should Anger Every Investor | Zero Hedge

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