Julian Robertson: Fed Easing is Getting Out of Hand
December 15 — Loose monetary programs have long enabled politicians to wiggle their way out of economic downturns in the past without making tough adjustments to the economy, but today's policies are getting out of hand, says Julian Robertson, head of the Tiger Management hedge fund.
Quantitative easing, often referred to as printing money, floods the financial system full of liquidity although critics say such moves, particularly popular among current Federal Reserve officials, pump up inflationary pressures. Read more
