The main rule when there is little inflation and high unemployment is to avoid austerity. People like Sanatelli are hard-money austerity no deficit types, and so disapprove of what the Fed is doing. They are wrong and the Fed is right.
Oh, we get Bloomberg, Fox News, CNN, CNBC, BBC and several Australian and Asian news and business broadcasts. The only thing I really miss about TV here as opposed to the States is PBS and the Cable Public Affairs Channels. I don't miss the standard US networks one bit.
Edited by Frank Merton, 21 June 2013 - 08:09 AM.