CNN Your Money June 22, 2013 18:29:00
Fed chief has done before. basically he's holding a fire hose, spraying $85 billion a month straight into the economy. it can't go on forever. and the obsession on wall street as to when it will end is probably the most important driver of your 401(k) right now. taper joins a list that includes quantitative easing, fiscal cliff, sequester. remember t.a.r.p.? sometimes the jargon sounds greek to the rest of us. speaking of greece, austerity is the word there, opposite of b r bernanke's actions. the message from the fed, take away the training wheels too soon and the economy could crash. but fai...
Source: archive.org