Heads Up!

Janet Yellen, Chairperson of the Federal Reserve, indicated in the press interview following the recent Federal Reserve Committee meeting, it is “natural to have a wide range of views”. Her comments were made while discussing whether her fellow FED committee members shared her views of the current FED monetary policy. I suspect the FED committee members will indeed develop a wide range of views in the future when the FED attempts to unwind its unparalleled intrusion into the marketplace. The wide range of views could result in public arguments among the FED committee members at a crucial time in the future – very dangerous.

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