Capital Account - Mike Maloney tells Ben Bernanke to "Quit and Close the Federal Reserve!"

Loving Mike's 999.9 tie

Jul 31, 2012 by CapitalAccount

The FOMC's two day meeting starts today and the ECB will meet later this week, amid the heightened expectations that the central banks are moving toward new actions. But, according to the Wall Street Journal, doubts linger as to whether central banks even have the tools to fix the economic problems they face. A lot of the money the Fed has tried to pump into the economy has wound up right back at the Fed. We will talk to Mike Maloney about what the Fed's actions mean for the lives of average people.