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Tuesday, February 14th, 2012

Posts Tagged ‘ boom and bust ’

How The Fed Creates Booms (And The Busts That Follow)

Nov 25th, 2008 | By Ed Bugos | Category: Politics & Economics

The finger of blame for this crisis should be pointed at the Fed, says Ed Bugos. Its interventionist activities created an unsustainable bubble. A recession is just the process of correcting these mistakes. Worse still, Ed says the Fed’s current actions are proof that it is not about to change this approach. Expect more inflation, and a bull run in gold.