"Then, when the Fed's fire hoses started spraying……" — David Stockman
"Then, when the Fed's fire hoses started spraying an elephant soup of liquidity injections in every direction and its balance sheet grew by $1.3 trillion in just thirteen weeks compared to $850 billion during its first ninety-four years, I became convinced that the Fed was flying by the seat of its pants, making it up as it went along. It was evident that its aim was to stop the hissy fit on Wall Street and that the thread of a Great Depression 2.0 was just a cover story for a panicked spree of money printing that exceeded any other episode in recorded human history."
★
★
★
★
★
0.0 avg (0 ratings)
Aim Quotes
Along Quotes
Any Quotes
Balance Quotes
Balance Sheet Quotes
Became Quotes
Became Convinced Quotes
Billion Quotes
Billions Quotes
Compared Quotes
Convinced Quotes
Cover Quotes
Cover Story Quotes
Depression Quotes
Direction Quotes
During Quotes
Elephant Quotes
Elephants Quotes
Episode Quotes
Episodes Quotes
Every Direction Quotes
Evident Quotes
Exceeded Quotes
Fed Quotes
Feds Quotes
Fire Quotes
Fire Hoses Quotes
First Quotes
First Ninety Quotes
Firsts Quotes
Fit Quotes
Flying Quotes
Four Quotes
Four Years Quotes
Great Quotes
Great Depression Quotes
Grew Quotes
Hissy Quotes
Hissy Fit Quotes
Hissy Fits Quotes
History Quotes
Hoses Quotes
Human Quotes
Human History Quotes
Humans Quotes
I Became Quotes
Injection Quotes
Injections Quotes
Liquidity Quotes
Making Quotes
Money Quotes
Money Printing Quotes
Ninety Quotes
Ninety Four Quotes
Other Quotes
Panicked Quotes
Pants Quotes
Pants Making Quotes
Printing Quotes
Recorded Quotes
Recorded Human Quotes
Seat Quotes
Sheet Quotes
Sheets Quotes
Soup Quotes
Spraying Quotes
Spree Quotes
Started Quotes
Stop Quotes
Stories Quotes
Story Quotes
Street Quotes
Streets Quotes
Thirteen Quotes
Thirteen Weeks Quotes
Thread Quotes
Trillion Quotes
Up Quotes
Wall Quotes
Wall Street Quotes
Week Quotes
Weeks Quotes
Went Quotes
Went Along Quotes
Years Quotes
Years I Became Quotes