Monday, September 16, 2013

QE Tapering : When the Fed Starts Withdrawing QE We Will All Suffer- Rogers

On the issue of the expected QE Tapering by the US Federal Reserve, Rogers said that the central bank may start cutting back in the next couple of weeks. "When the Fed starts withdrawing QE we will all suffer," he felt. However, Rogers went on to say that while the Fed might start easing a little, the inflicted pain may 
cause it to pause the tapering process for some time. - recently in India Economic Times

I have said this a number of times in one way or another, but I think most do not realize how a little reduction in monetary can be magnified throughout the system. Remember just a $40 billion withdrawal of 'emergency' stimulus floated to avoid any problems ahead of Y2K caused the NASDAQ crash of 2000.

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