Oh there's no doubt that it's been postponed because of the government intervention. Hell, the government BRAGGED about the intervention!
But at the end of the day the Fed is still attempting right-size the money supply by introducing countervailing market disequilbria. That can only end with something breaking...like the banking system (again).
Oh there's no doubt that it's been postponed because of the government intervention. Hell, the government BRAGGED about the intervention!
But at the end of the day the Fed is still attempting right-size the money supply by introducing countervailing market disequilbria. That can only end with something breaking...like the banking system (again).
Oh there's no doubt that it's been postponed because of the government intervention. Hell, the government BRAGGED about the intervention!
But at the end of the day the Fed is still attempting right-size the money supply by introducing countervailing market disequilbria. That can only end with something breaking...like the banking system (again).