A Clog In The Financial Plumbing

Beneath the still waters of the economy this summer, there is a clog in the financial system’s plumbing. The situation reminds us that all fluids, whether money or water, seek their natural level. In the case of money, the Federal Reserve has been repressing the level of interest rates to virtually the bottom of the […] View the full post at: A Clog In The Financial Plumbing Related posts: The Punch Bowl, The Party, The Exit Greenspan’s Solution on Too-Big-to-Fail Financial Institutions Will Bernanke Be Reappointed? Does It Matter?