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Monday, August 5, 2013

Dallas Fed's Fisher: "We Own A Significant Slice Of Critical Markets. This Is Something Of A Gordian Knot"

ZeroHedge From "Horseshift! (With Reference to Gordian Knots)" - the prepared remarks by the Dallas Fed's Dick Fisher released moments ago, in which the Fed president with GLD holdings, gets folksy with the Fed's balance sheet. Years of Extraordinary Measures For six of my eight years at the Fed, we have been working to bring the nation’s economy out of recession. The fiscal authorities have for the most part been AWOL during this time, having left the parking brake on during their absence.



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