Fed’s $4 trillion in assets draws lawmakers’ scrutiny — from bloomberg.com by Jeff Kearns
Excerpt:
The Federal Reserve’s balance sheet is poised to exceed $4 trillion, prompting warnings its record easing is inflating asset-price bubbles and drawing renewed lawmaker scrutiny just as Janet Yellen prepares to take charge.
From DSC:
- What does it mean that the Fed has close to $4 trillion in assets? So what? What implications/effects might that have?
- What is easing?
- Why is easing good or bad? When does one know when to stop the easing?
- Why does Wall Street pay very close attention to what Ben Bernanke says? Is that a good thing or a bad thing?
- What do you think…does Main Street know what’s happening as thoroughly as Wall Street does?