Fisher Storms on the Horizon Part 3 of 18
Fisher Storms on the Horizon Part 3 of 18
It is true, Bruce, that as you said in your introduction, I am one of the 17 people who participate in Federal Open Market Committee (FOMC) deliberations Forex Trading Explained and provide Ben Bernanke with conflicting counsel as the committee cobbles together a monetary policy that seeks to promote Americas economic prosperity, Goethe to the contrary. But tonight I speak for neither the committee, nor the chairman, nor any of the other good people that serve the Federal Reserve System. I speak solely in my own capacity. I want to speak to you tonight about an economic problem that we must soon confront or else risk losing our primacy as the worlds most powerful and dynamic economy.
Forty-three years ago this Sunday, Bill Martin delivered a commencement address to Columbia University that was far more sober than his Alfalfa Club speech. The opening lines of that Columbia address 2 were as follows: When economic prospects Secrets of Successful Traders are at their brightest, the dangers of complacency and recklessness are greatest. As our prosperity proceeds on its record-breaking path, it behooves every one of us to scan the horizon of our national and international economy for danger signals so as to be ready for any storm.
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