Jim Bullard, of the St. Louid Federal Reserve is
a non-voting member of the FOMC this year is the same guy who in 2010 was the
first Fed official to call for a second round of QE. He just said
the following:
Fed’s Bullard Says He’s Concerned About Low Returns to
Savers
This is similar to Stalin saying, several days after completing the purges which
saw tens of millions of people quietly "disappeared", that he is concerned that
the price of graveyard real estate might be in a bubble.
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