In other words, if needed, the Fed could double its capital level simply by calling the second half.
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The Fed can double the price of everything in the economy by simply doubling the amount of printed money in circulation.
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They point out that recent economic reports show the economic recovery has gotten itself back on track, is not in the danger of a double-dip the Fed saw a couple of months ago, that substantial further quantitative easing is not needed, and will cause more problems than it solves (including further angering nations around the world, and creating a currency war).
Or, would the Fed tightening trigger a double dip recession?
The likeliest outcome is a double-headed regime, with the Fed as a stability regulator for large financial institutions of all types, and the SEC policing investor protection.
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Does this take us out of the double-dip woods, even as the Fed is lowering its forecast?
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He said the sharpness of the picture fed back to the surgeon was double that of current technology.
Should the Czechs win they would complete a rare double after their women's team won the Fed Cup in the same arena two weeks ago.
The insidious double standard remains, with no sign of abating: the Fed, the main source of so many of our current financial woes, is still seen by most as a force for good in the world, as a prescient and astute regulator dedicated to systemic safety and soundness.
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Two decades ago, Democratic President Jimmy Carter named Paul Volcker as Fed chairman, ushering in an era of stern interest-rate policies that extinguished double-digit inflation at what was initially a high cost for economic growth.
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