William Poole was formerly the President of the St. Louis Fed, and one of the few adults at the Fed who didn't want to supply a debt-addicted economy with even more liquidity nirvana.
"The Fed is never going to get back to normalcy in our lifetime. This can't have a happy ending"
"The danger is that we will continue to talk about that target and let things slide and all of a sudden we'll look back and say, wow, look what has happened, and we've got an inflation underway that is hard to reverse..."
"The Fed is never going to get back to normalcy in our lifetime. This can't have a happy ending"
"The danger is that we will continue to talk about that target and let things slide and all of a sudden we'll look back and say, wow, look what has happened, and we've got an inflation underway that is hard to reverse..."
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