Fed's Hoenig has no interest in zero interest
Not just some 'bad cop' to be trotted out when the unraveling scam starts showing some seams; Mr. Hoenig is just a teller of the truth IMO. Reminds me of one of my heroes, David Walker, former Comptroller of the United States.
Edit (12:02) Caveat: Not hawkish enough though Mr K. 3% is not gonna come close to bringing in the horses that have been let out of this barn.
http://www.biiwii.blogspot.com
http://www.biiwii.com
