Billionaire investor Warren Buffett compared the U.S. Federal Reserve to a hedge fund because of the central bank’s ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion.
Buffett: Fed Is Greatest Hedge Fund in History
19 Sep 2013
~~~
Buffett: Bernanke Is Right, But Inequality Worsens
~~~
James Bullard, St. Louis Federal Reserve Bank President, explains the logic behind the Fed’s decision not to taper in September. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”
Bullard: Dismayed at Fed Decision Market Surprise
What's been said:
Discussions found on the web: