The Great Disconnect: United States Debt Vs. Growth

Stock markets are now trading at new all time highs. Last week, the Federal Reserve announced that they would not cut their current $85 billion a month QE-3 program. In other words, the central bank to the United States wants to keep interest rates extremely low in order to boost the U.S. economy. They also continue to buy mortgage backed securities and U.S. treasuries to keep the recent housing boom intact. Some members of the Federal Reserve such as Richard Fisher have strongly opposed the action by the Federal Reserve, but that does not seem to change the fact that the central bank's balance sheet is now around $4 trillion. That is a lot of money printing over the past five years and it is still growing. ...Continue reading here: http://bit.ly/1b9umID