SEP 25, 2017
ORIGINAL SOURCE: Janet Yellen’s 78-Month Plan for the National Monetary Policy of the United States by MN Gordon of economicprism.com on 9/22/17
At some point, credit markets will have the dreaded reaction. This would rip through the propped up stock markets. Financial markets will not allow the Fed to execute its 78-month to plan. They will end up easing again
In truth, the Fed will never, ever reduce its balance sheet to $900 billion. They won’t even get close; they’ve past the point of no return.
Please read the rest here; Janet Yellen’s 78-Month Plan for the National Monetary Policy of the United States