Wednesday, January 26, 2011

January FOMC: Unanimous Consent to Continue the Path to Eternal Credit Bubble

or whatever they think they are doing.

January FOMC Minutes: Unanimous Vote, No Opposition To Fed's Relentless Hewlett Packard Policy (Full Redline Comparison)

Not even a token dissent from supposed monetary hawks (Dallas Fed Chief Fisher and Philly Fed Chief Plosser, and Warsh), now that Hoenig is gone.

The stock market is moving up, gold shot up, Treasurys tanked.

Just keep AAPL (for Nasdaq) and IBM (for Dow Jones) up, and we're all set.


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