Fed Misses The Target
December 13, 2012 at 09:23 AM EST
Stand back. A marksman with a powerful weapon not properly focused on an appropriate target is capable of wreaking real havoc. Who is the marksman? Federal Reserve chair Ben Bernanke. What is his powerful weapon? Monetary policy. What is the appropriate target? The level of employment in our nation. What might be the havoc? The [...]