These days we hear a lot about Federal Reserve stimulus and the hazards that come with it, not the least of which is inflation. Well, according to recent data, it turns out that inflation is not rising and in fact is falling. With the Fed buying back $85 billion per month in mortgage backed securities and bonds, how can this be? Today’s news segment on NPR’s Morning Edition tries to explain. To listen CLICK HERE
Archive for December, 2013
Whether these changes become law or not is an open questions but the fact that these changes are even being considered speaks volumes about the possible scope of changes that will be necessary to reduce our nations debt.
To read the Los Angeles Times article in its entirety CLICK HERE.