Tuesday, November 16, 2010

PG: NY Fed Pres "We Are Not Printing Money"

A brief writeup over at the Pragmatic Capitalist regarding the misunderstanding of Quantitative Easing and the distortion it is causing. The Fed President is correct - the Federal Reserve is not "printing money" and the quicker we help people understand this (note I am not saying the quicker we support the Fed....I don't) the better off we will be.

Scott Dauenhauer CFP, MSFP, AIF