Fed unleashes greatest bubble of all
Dec 22nd, 2008 | By Mika | Category: Point Of ViewBy John Kemp Like the sorcerer’s apprentice, Federal Reserve Chairman Ben Bernanke and his predecessor Alan Greenspan have unleashed a series of ever-larger asset bubbles they cannot control. Now the Fed’s decision to cut interest rates to between zero and 0.25 percent, coupled with a promise to keep them there for an extended period, and [...]
