The Fed Has Created A Monster Bubble It Can No Longer Control
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The Fed Has Created A Monster Bubble It Can No Longer Control

Authored by Charles Hugh Smith via OfTwoMinds blog,

The Fed must now accept responsibility for what happens in the end-game of the Moral-Hazard Monster Bubble it created.

Contrary to popular opinion, the Federal Reserve didn't set out to create a Monster Bubble that has escaped its control. Also contrary to popular opinion, the Fed will be unable to "never let stocks fall ever again--ever!" for the simple reason that...

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