Despite market unrest, Fed likely to pare stimulus
Managing a slowdown in the Fed's bond purchases without roiling markets will pose a tough early test for Yellen, who succeeds Bernanke as Fed chair next week.
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#1 Jan 29, 2014
my post resuit
#3 Jan 30, 2014
1:20 pm, Thursday, January 30, 2014:
RE: Despite market unrest, Fed likely to pare stimulus
..... Fine tuning of the economy is difficult because all sorts of events can make people spend more or less money per unit of time. After the recessions have come to an end it is time for governments to reduce their borrowings from the Fed and others. Always hoping that the total spending per unit of time will be higher than just be sufficient, then it is time to have SURPLUSES instead of deficits, with the money used not for government spending, but for reducing the debts so that, according to the theory, the debts will be near zero at the start of the next recession.
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