The Fed goes for broke – and the rest of the country follows…there are really only two ways out of this mess… Instead of inflation, we’re getting deflation…Gideon Gono can show the Fed how to use these ‘new tools’… Some sage advice for Obama…the SEC does not fight fraud, it aids and abets it…and more!

The Fed could use “proposed new regulatory powers to try to stop credit and asset market excesses from reaching the point where they threaten economic stability,” reports the Financial Times.

According to the paper: “David Nason, assistant secretary for financial institutions, said the Fed could even use its proposed ‘macro-prudential’ authority to order banks, hedge funds and other entities to curtail strategies that put financial stability at risk.”