Posted by & filed under Economic Analysis, Financial analysis, Governments & Regulators, Growth & Valuation.

Description: “In the face of “a suboptimal recovery” the Fed said it would persist until the outlook for the job market improves “substantially”, but a sceptical Mr Warsh said: “The iPhone 5 is going to do more for the real economy than QE3?.

Source:  Forbes.com

Date: Sep 14, 2012

Link:  http://www.forbes.com/sites/timworstall/2012/09/15/apples-iphone-5-is-worth-more-than-the-efforts-of-the-federal-reserve/

Questions for discussion:

  • Summarize the main point presented in this report.
  • What are the reasons supporting this argument?
  • Do you agree with the sentiment?
  • What is the message to regulators and governments seeking ways to stimulate the economy?

Leave a Reply

Your email address will not be published. Required fields are marked *