I love Zero Hedge, here is a recent article on Fed mismanagement:
From Zero Hedge:
Monetary Malpractice: Deceptions, Distortions & Delusions
Submitted by Tyler Durden on 12/26/2012 - 12:04
By the Deceptive means of Misinformation and Manipulation of economic data the Federal Reserve has set the stage for broad based moral hazard. Through Distortions caused by Malpractice and Malfeasance, a raft of Unintended Consequences have now changed the economic and financial fabric of America likely forever. The Federal Reserve policies of Quantitative Easing and Negative real interest rates, across the entire yield curve, have been allowed to go on so long that Mispricing and Malinvestment has reached the level that markets are effectively Delusional. Markets have become Dysfunctional concerning the pricing of risk and risk adjusted valuations. Fund Managers can no longer use even the Fed's own Valuation Model which is openly acknowledged to be broken.
(you can find a link to zero hedge in my blog list)
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