Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
John Waggoner: The Fed And Unintended Consequences
FYI: Sometimes, life is filled with unintended consequences, like the time you bought an attractively priced house in a new subdivision. Sure, you got new appliances and a really great Jacuzzi in the master bathroom. But the house was built over an old cemetery, and the toaster shouted "Get out!" every time you entered the kitchen. Who knew? Regards, Ted http://www.usatoday.com/story/money/2015/03/20/the-fed-and-unintended-consequences/25034449/