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Thursday
Jan242013

Fed's Plosser On The Trillion Dollar Coin, 'Bernanke's Inflationary Policy'

Plosser fears the inflation risk of Bernanke's never-ending QE.

St. Louis Fed President Charles Plosser on Bloomberg Friday discussing the Fed's exit strategy and the trillion dollar coin, which was officially shot down (by the Fed, not the White House) over the weekend.

Interview Details: 'Bernanke's QE May Backfire, Fuel Inflation'...

 

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(Reuters) - The Federal Reserve's aggressive accommodation may be frustrating Americans' efforts to restore their personal wealth and may actually slow the broader rebound in U.S. consumption, a top official at the U.S. central bank said on Friday.

http://www.reuters.com/article/2013/01/11/usa-fed-plosser-idUSN9E8M202J20130111
Jan 15, 2013 at 2:30 AM | Registered CommenterDailyBail
Jan 15, 2013 at 2:30 AM | Registered CommenterDailyBail

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