Jim Rickards said:#Fed Presidents say need more ease ... Last week Fed members said less ease. These guys have no idea what they’re doing.
http://www.cnbc.com/id/100650518Central Bankers Say They Are Flying Blind
rowing concern at the International Monetary Fund over the long-term side-effects of interest rates close to zero came as some of the leading figures in central banking conceded they were flying blind when steering their economies.
Lorenzo Bini Smaghi, the former member of the European Central Bank's executive board, captured the mood at the IMF's spring meeting, saying: "We don't fully understand what is happening in advanced economies." ...