Federal Reserve Joins Panic: NO CORRECTIONS ALLOWED
You would like to believe the Federal Reserve is thoughtful, cautious, pragmatic and not prone to reactionary panic. You would like to think as much, but then you would have to ignore their actions.
Cheap money, here we come again, and fast. Anything they can do to help refloat the bubble. NO CORRECTIONS ALLOWED.
Government cannot truly believe in the free-market, since it is the antithesis of their purpose and make their irrelevance too clear.