The Chart That Explains Why Fed's Bullard Wants To Restart The QE Flow
October 20, 2014 at 04:07 AM EDT
Remember when the Fed tried to convince the world that it was all about the 'stock' - and not the 'flow' - of Federal Reserve Assets that kept the world afloat on easy monetary policy (despite even Bullard admitting that was not the case after Goldman exposed the ugly truth).