The "conditions of total uncertainty," mean the politicians are holding us back; but it is when Santelli asks him about the Fed's exit that things get a little uncomfortable, "no central bank anywhere on the planet has the experience of successfully navigating a return home from the place in which we now find ourselves." When pressed he exposes the flaw (much to the chagrin of Kuroda and Bernanke we suspect), "somewhere we have to have practical limits as to where we can build the balance sheet. We're moving in the direction of a $4 trillion balance sheet. We know we can't go on forever."Which is more harmful, A Weak Government, or a Corrupt Government?
Thursday, May 9, 2013
Fed's Fisher To Santelli: "This Can't Go On Forever" | Zero Hedge
Fed's Fisher To Santelli: "This Can't Go On Forever" | Zero Hedge
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