Uh, What Hannity Says the Stock Market Drop is OBAMAS FAULT.

Janet Yellen the head of the Federal Reserve for the last five years was an Obama nominee.
For 2 years prior she was vice chair of the Federal Reserve (the distinction may only be superficial).
There is a certain amount of transparency in all the Federal Reserve announcements.
She is 67 years old and was likely under some stress watching a Ponzi scheme unfold.
Yet after she was "outed" by Trump she didn't want to say the stock market was too much like a Ponzi scheme.
Ms Yellen probably wasn't allowed to own stocks while heading the Federal Reserve,when do you suppose she will be in?

a reply to: Whodathunkdatcheese

*sigh*
What happens in a state of excessive liquidity? Inflation.

What's the feds target rate for inflation? 3%

How does the fed target that rate (what methods are employed)? Open market operations (QE, Twist, etc.), reserve requirements, and the discount rate.

ETA: To be fair and accurate, QE1 was meant for liquidity (to bring back to normal levels), beyond that was inflation targeting.

a reply to: Dfairlite

www.roughlyexplained.com...

Where does the US stand in terms of needing to "unwind" their quantitative easing?
Countries that took the hard line and didn't "print money" during the global recession may be in better shape to weather the forecast global reckoning.