The Lone Dissenter: Thomas Hoenig Hits Seven - Real Time Economics - WSJ

The Lone Dissenter: Thomas Hoenig Hits Seven - Real Time Economics - WSJ: "Hoenig has been employing sharper language throughout the year to highlight his disagreement. Last month, he called attempts to boost the economy through monetary policy “a bargain with the devil.”

“There are those who advocate that we add additional quantitative easing … and have more of the economy searching for yield, therefore willing to make more investments that will hopefully stimulate the economy,” Hoenig said. But “if you think it through,” it is “a very dangerous gamble.”"