| Kasz216 said: Actually, I thought the Fed was using QE as Stimulus money more or less to decrease unemployment. Not to stop deflation. Not that I think it's a good idea. But I'm pretty sure that's why it was happening not deflation. The problem with the Fed is that it's focus is always short term. |
That seems to be the problem with all of our most important institutions.
Central banks: The next year's financial indicators
Elected officials: Whenever the next election comes
Publicly traded corporations: The next quarterly financial report
My favourite is when they liquidate a long-term strategic asset to pad the budget of today. And they all seem to do it.
"The worst part about these reviews is they are [subjective]--and their scores often depend on how drunk you got the media at a Street Fighter event." — Mona Hamilton, Capcom Senior VP of Marketing
*Image indefinitely borrowed from BrainBoxLtd without his consent.
