Fed Inflates Auto and Housing Double Bubble

You’ve got to be kidding me, Bloomberg, if you think the Fed’s ZIRP is a job stimulus. The Federal Reserve’s record low interest rates encourage reckless borrowing but you wouldn’t know it from reading conventional media. I look past cursory forecasts of job creation in the automobile and housing sectors. Read the Federal Reserve’s G.19 [...] View the full post at: Fed Inflates Auto and Housing Double Bubble Related posts: The Housing Bubble Continues to Burst Congress Tries to Blow Up the Housing Bubble Again What Should the U.S. do about Housing Finance?