The Fed’s doing an ‘Italian job’ on us all

With the Fed bus hanging over a money cliff, we can only hope Yellen doesn’t tip us over the edge.

When the Federal Reserve announced an end to quantitative easing last week, it seemed the catastrophic risk of debasing global currencies was to be averted.

It was a bit like the bus teetering on the edge of a cliff in the Michael Caine version of The Italian Job.


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