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Author: EddieLuck Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 454814  
Subject: Endless QE. Date: 2/24/2013 9:09 PM
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http://www.zerohedge.com/news/2013-02-24/can-endless-quantit...

I thought this treatise on possible future fed trends was rather good.

<<The boxed-in central banker

I think that in financial markets and in the press the degrees of freedom that central bank officials enjoy are vastly overestimated. I consider central bankers to be captives of three overwhelming forces:

1) Their own belief system which still holds that they are the last line of defence between dark and inexplicable economic forces and the helpless public, and that therefore, whenever the data or the markets go down, it is their duty to ride to the rescue.>>

I think this guy has their number.

Ed.
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