The Federal Reserve has a financial stability mandate. Asset bubbles are not stable prices. Spiraling debts are not stability. 0% rates are not stable. No way out of a Neg Feedback Loop is not stability

All the years before QE and the ones since. 🤔 Socialism for the rich. Courtesy of the FED@EricRosengren @RobSKaplan @RaphaelBostic @marydalyecon @neelkashkari @DiMartinoBooth @nomiprins @steveliesman @NickTimiraos @michaelsantoli @michaelsderby @Claudia_Sahm @RalphNader