The Sound MInd: Fed should have left easy money earlier, Paul Ryan says
Posted in the Banking Forum
#1 Dec 19, 2013
The Federal Reserve needs to leave the easy money policies behind and return to "sound money," House Budget Committee Chairman Rep. Paul Ryan told CNBC on Wednesday.
"Well, I thought they should have started tapering a long time ago," he said. Quantitative easing was necessary in the beginning of the crises, he said, but not later.
"Subsequent rounds of QE I think did more harm than good," Ryan added.
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