EUCOM Economic Analysis - Part I

[ganulv]

I wanted just to add that Friedman and Schwartz really do sound rather leftist in this regard compared to part of the politcal spectrum of the US if we consider the attacks on the FED for doing their job at pumping liquidity by many and quite creative means into the market. The ECB has done so far a good job in some areas but it was so to conservative in others.

I don’t think the Fed is run by the Illuminati or the Elders of Zion, but I do think it needs to be called to task for its role over the medium and long terms.