Keynesian Crackpottery Gone Full Retard: Yellen Says Fed Should Buy Stocks In The Next Crisis

Speaking via video conference with bankers in Kansas City, Yellen said that the Fed would take a page out of the SNB and BOJ playbook, and “might be able to help the U.S. economy in a future downturn if it could buy stocks and corporate bonds.” Of course, by “US economy” she meant the “top […]

To access this post, you must purchase Monthly Subscription, Quarterly Subscription or Annual Subscription.