More from Bullard

  • Moral hazard would be a concern in normal times, but not during a pandemic
  • Fed's aim is that if a company was in good standing in january, it will be able to be operating in the second half of the year
  • One thing Fed could do in next statement is emphasize that data right now is not 'meaningful'

These guys are going to blow up the bubble beyond anything imaginable. One day there will be inflation and it will all come crashing down.