CNN Erin Burnett OutFront October 10, 2013 06:08:00
Treasuries. your question. can janet continue? we think she can for a while. if the fed tapers, if the fed stops buying treasuries of quantative ease, and it becomes a thing of the past, she will have to convince investors that policy rate, that the fed funds will be held constant for a long time. we think she can do that. we think she is the logical successor to ben bernanke but ultimately, a central bank is not, does not have unlimited powers in terms of what they can do. >> well, bill, thank you very much. we really appreciate you taking the time. you heard bill gross say it there. he belie...
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