I am not a fan of quantitative easing or zero rates. I think that is clear from my posts over the past 4 years. Nevertheless, I do like to link out to posts that put QE and zero rates in a more favourable light because we need to get a comprehensive view of the situation to better understand what these policies mean for the US economy, interest rates and asset markets.
Below are a number of links on what is happening with the Fed, with Fed policy and regarding the picking of the next Fed chairman. These links have a wide range of diverging opinions on Fed policy and they are all coming out right now, I believe, because we are at a critical juncture in the Fed's monetary policy actions. On three levels, the Fed may be poised to change.
The first change is in leadership, with Ben Bernank...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.