When it comes to levitating the stock market, and allowing America’s worthless politicians to keep on doing nothing in hopes the Fed can fix everything by simply printing money, the Fed’s Chairmanwoman has no problem with getting to work. However when it comes to the latest deadly Pandemic to cross the Atlantic and hit US shores, the Fed has a dire message: America, you are on your own.
- FED’S PLOSSER: MONETARY POLICY CANNOT DO MUCH ABOUT ECONOMIC THREAT FROM EBOLA
You mean, the Fed can’t print antibodies? And why is the Fed expected to do “much” or anything for that matter about the economic threat from Ebola – isn’t there a president and a Congress to actually deal with America’s problems… instead of just making them worse that is?
Plosser also said a bunch of other things…
- PLOSSER SAYS FED POLICY CAN’T FIX ECONOMY’S SHORT-TERM ISSUES – just what are those?
- FED’S PLOSSER SAYS NET EFFECT OF OIL PRICE DROP IS A POSITIVE – for the already broke consumer?
- PLOSSER SAYS EUROPE WEAKNESS NOT ENOUGH TO DERAIL U.S. ECONOMY – and “whatever it takes” no longer enough to mask reality?
… but the take home message is simple: America is now exposed, and its enemies, should they want to hurt it where it really counts, now know how for in this one case, the Fed is truly helpless to print a happy ending.
via Zero Hedge http://ift.tt/1xVdsF8 Tyler Durden