Easy Money (3) – Fed Ignores Those Harmed by Policy

Tuesday, April 26, 2011

With all the talk about the Fed’s easy money actions, there remains one subject that is largely ignored: Who’s paying for the Fed’s largess?

With low interest rates, lots of money and good intentions (increase employment and bolster the economy), the Fed’s easy money policy seems like a win-win situation. The only “cost” appears to be inflation – and that, the Fed assures us, is low.

However, the Fed has remained silent about the all those who have been harmed by the Fed’s easy money policy.

This article is posted on SeekingAlpha.com.

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