"Blood In The Casino Like Never Before" - Riding ZIRP Into Monetary Central Planning's Dead End

Submitted by Tyler Durden on 09/19/2015 - 11:45

What the Fed really decided Thursday was to ride the zero-bound right smack into the next recession. When that calamity happens not too many months from now, the 28-year experiment in monetary central planning inaugurated by a desperate Alan Greenspan after Black Monday in October 1987 will come to an abrupt and merciful halt. Yellen and Co should be so lucky as to only face torches and pitch fork