I can only say: Im sorry, America. As a former Federal Reserve - TopicsExpress

I can only say: Im sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Feds first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But Ive come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time.

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