Why A Fed President Wants To Break Up The Banks

From The Daily Bail
January 30, 2013 - 4:46am

Richard Fisher's plan. 'System is biased towards Goldman Sachs and JPMorgan.' Excellent interview.  Dallas Fed President Richard Fisher details his plan to break up the banks.  Here's a summary. There are 12 banks meet the criteria for too big to fail. Dodd-Frank is killing small community banks. Fed is constantly reassessing stimulus. QEternity is false.  Will not last forever. Voted against latest round of QE. Worried about Treasury bubble bursting. Worried about Fed's exit strategy. Biggest inflation hawk on the Fed and he sees little inflation.      

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