BRIAN MAHER's opinion on FED decisions.
The Federal Reserve intervened massively to cage the menace of depression after the 2008 financial crisis.
Quantitative easing, zero interest rates and the rest of the central banker’s emergency kit came to bear.
The heroics “worked.”
The crisis has passed. And the economy is presently in its 108th month of recovery.
Yes, the central bank may have saved the present with its emergency medicine.
But it may have robbed the future along the way…