CNN Fareed Zakaria GPS July 20, 2014 17:47:00
'99, 2007, 2006, 2007, they inevitably produce a collapse of some kind of blip bubble will burst and then that's terrible for unemployment. as well as this policy sort of self-defeating. >> there's two things to say, the first is do you really want to say that the fed should do something that we know would hurt the economy the a time when its still very weak on behalf of your judgment that there are bubbles out there? i mean even those of us who warned about the housing bubble were not saying that the fed should raise rates while the economy was weak. that's one hell of a judgment to make. act...
Source: archive.org