Wall Street Oasis - Investment Banking & Finance Community: Fed Repairing Gov't Malfeasance Is Road to Weimar

Wall Street Oasis - Investment Banking & Finance Community The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.

Fed Repairing Gov't Malfeasance Is Road to Weimar Jun 26th 2013, 11:30 It's not often I can claim that you'll be smarter if you invest the time to watch something I post, but that is definitely the case today. The following is an interview with Dallas Fed Chairman Richard Fisher from Aspen Ideas, and if you invest the 59 minutes you are definitely going to understand the thinking behind monetary policy much better. It's almost unbelievable how brutally candid he is. He goes so far as to say that the US economy is "the best looking horse in the glue factory" and that the Fed has the power to fix all the stupid things Congress has done over the past two decades, but then you'd have the Weimar Republic. He really lays it all out here, and I have to give it up to Maria for re-inventing her brand with this kind of content. Top notch: read more

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