Post Fed World

The End of the Bernanke Put is Here | ZeroHedge.

There are many posts and articles criticizing the Fed and its actions to combat the Financial Crisis and resulting recession.  If there is another financial crisis, the Fed’s credibility with the electorate could dissipate quickly.

The United States had two central banks before the Fed and existed from the 1830’s to 1913 without a one. Could this be our future?  Nature abhors a vacuum, so what would take the place of a dissolved Fed?

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s