Bizarro World: The Fed is concerned about families’ economic hardship–that their policies fueled.

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by Sparky1


“Just because folks on Wall Street think things are fine doesn’t mean most Americans feel like things are fine,” said Ray Boshara, director of the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis. “When every day is a rainy day for millions of families, things are not fine.”

Wow! Add to that, the oxymoronic irony of having a “Center for Household Financial Stability” at the Federal Reserve.  :-/


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