Feds Are a Demand Side Tool, Right?

I look at the Bernanke and Yellen Feds as doing the bidding of the world more than the onshore dollar markets. And that's, and that's just a reflection of their naivete and their lack of market acumen because they were easier to puppets. I've been on the record for almost a year now in saying that he would like to put monetary policymaking back in the hands of the Federal Reserve. That means that you break this dysfunctional relationship between the financial markets and the Federal Reserve - which is very, very difficult to do.