Richard B. Hoey, Chief Economist, Bank of New York Mellon – The Fed is Manipulating

At 9:50 in – Hoey, Chief Economist, BNY Mellon “it’s about manipulating long-term interest rates. if i manipulate securities prices, that’s called a crime. if Ben Bernanke manipulates it, that’s called long-term policy. “GIVE THAT MAN AN OSCAR”…