If you needed any additional confirmation that Mr. Bernanke and other U.S. finance policy makers are driving their country’s economy off a cliff at 300 kilometres per hour, I give you the German Finance Minister Wolfgang Schaeuble:
“With all due respect, U.S. policy is clueless,” Schaeuble said. “(The problem) is not a shortage of liquidity. It’s not that the Americans haven’t pumped enough liquidity into the market.”
This is quoted from an article by CNBC regarding the Federal Reserve’s recent asset-buying.