Richmond Fed President Jeffrey Lacker on the $2.25 Trillion QE Monetary Fail

Jul 12, 2010 at 3:32 PM
DailyBail in fed, federal reserve, jeffrey lacker, quantitative easing, quantitative easing, video, video

Video:  Dow Jones' Meena Thiruvengadam with Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, on monetary policy, economy -- July 9, 2010

His comments on the relative failure of the Fed's quantitative easing program are surprisingly honest.  Meena, the interviewer enunciates so clearly that I became upset at my screen.

 

 

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Article originally appeared on The Daily Bail (http://dailybail.com/).