11.7 C
New York
Wednesday, November 20, 2024

Santelli’s Paradox And Why The Fed’s Exit Will Be “Very, Very Messy”

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

We are in our sixth year since the US officially went into recession and yet, as CNBC's Rick Santelli notes, we are still in crisis management mode. Some argue that any day now, the Fed will begin to remove its mega liquidity pipe from the market but Rick exclaims in this wonderfully succinct clip that: "there is no expiration date on faulty illogical ideas," as he expects any Fed exit to be "very, very messy."

Rick's dilemma is the seemingly paradoxical need for yet moar and bigger monetary policy crisis management by Ben Bernanke when day-after-day we are told by the very guests on his network that "stocks look great." At the end of the day, when the Fed decides to exit, they will not be able to put the liquidity 'toothpaste' back in the tube.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,475FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x