At Least They Are Finally Honest

From remarks by the Dick Fisher of the Dallas Fed:

  • The Fed has artificially sustained markets

Thank you for the admission, oh FOMC member. And to think just 4 years ago anyone accusing the Fed of using its "invisible hand" and doing everything in its power to solely focus on the stock market was labeled a "conspiracy theory" crackpot. One wonders what other "conspiracy theories" will be admitted by the Fed as fact in another four short years?

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