Fred Mishkin, a former Federal Reserve Board member, wrote an op-ed in the FT stating that its okay if the Fed allows an asset bubble. His credentials are that he helped create two of the most destructive asset bubbles in the history of mankind and like his co conspiritor Alan Greenspan never owned up to his mistakes. The article belongs in Mad Magazine.


Anonymous said...

He's like China's sovereign fund trader Lou Jian or whatever. He's BBB big bubble blower

Anonymous said...

The market feels toppy. 7 up days in a row.