How the Fed is Destroying Capitalism

S&P 500 jerked higher last week when the Fed minutes revealed no new information on the dreaded day when interest rates begin to rise. In other words, the stock market is one sick puppy — utterly addicted to the Fed’s baleful regime of ZIRP. And it is a regime. We are now in month 68 […] View the full post at: How the Fed is Destroying Capitalism Related posts: Expectations for Upcoming Fed Meeting The Massive Back Bid in the Corporate Bond Market Greenspan Acknowledges Missteps but Defends Fed Policy on the Housing Bubble