Fed WSJ Article on QE/Twist
on March 7, 2012 in Fed, Inflation 7 Comments
From: Fed Weighs ‘Sterilized’ Bond Buying if It Act
Many Fed officials believe strongly the bank reserves it has created as part of this money creation aren’t an inflation threat. But they are acutely aware of a popular perception, also held by a few inside the Fed itself, that the money the Fed has created could cause an inflation problem down the road.
Dealing with perceptions not reality.