patrick.net

http://davidstockmanscontracorner.com/2014/03/22/fisher-outs-bubbles-ben-qe-was-a-massive-intended-gift-to-the-1/

Dallas Fed President Richard Fisher has been a thoughtful dissenter all along on the lunacy of QE and the Fed’s massive bond buying spree. But now he has left nothing to the imagination, admitting that Bernanke’s objective all along was to aggressively levitate the price of financial assets and thereby confer massive windfall gains on the wealthy who own most of them.