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Former Dallas Fed Governor Richard Fisher Goes to Squawk Box Confessional: "We Frontloaded a Tremendous Market Rally"; Transcript of Video
By: capt_nemo in
POPE IV Wed, 06 Jan 16 3:41 AM
Fed governors sometimes tell the truth, but generally only after they leave office, and always after the damage has been done.
In that regard, former Dallas Fed governor Robert Fisher admits "We frontloaded a tremendous market rally to create a wealth effect ... The Federal Reserve is a giant weapon that has no ammunition left."
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