Time’s Object of the Year for 2010
The Fed may not be able to manufacture new net financial assets, but it can and will create lots of excess cash reserves! (Hat tip Scott F.)
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The Fed may not be able to manufacture new net financial assets, but it can and will create lots of excess cash reserves! (Hat tip Scott F.)
Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.
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