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Thread: Fed sitting on a ticking time bomb

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    Default Fed sitting on a ticking time bomb


    Charles Plosser thinks there’s a ticking time bomb at the Fed - Capitol Report - MarketWatch


    "The way Charles Plosser sees it, the Federal Reserve is sitting on a ticking time bomb that could severely damage the economy unless the central bank reacts quickly to defuse the looming threat.

    The Philadelphia Fed president, viewed as one of the bank’s leading hawks, is worried about some $2.5 trillion in “excess” reserves. That is, loanable funds available to individual or corporate borrowers through the nation’s banks."

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    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


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  3. #2

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
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    Default Re: Fed sitting on a ticking time bomb

    And who built that Time Bomb?



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  5. #3

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: Fed sitting on a ticking time bomb

    I'll gladly take some of that excess money off their hands via my margin account - gimme more and more.

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