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However, if we start to assume that the economy is on a balanced growth path does that not imply that the Fed will start to weigh their options of winding down the addition policy accommodation that has been extended, i.e. the Quantitative Easing programme?
FORBES: Raising Rates Will Be A Mistake, Stick With Equities
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And, look, I think Secretary Geithner at the G20 finance ministers meeting talked about and got the cooperation of those throughout the world in seeking a path toward that balanced growth in the future.
WHITEHOUSE: Press Briefing
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The G-20 launched the Framework for Strong, Sustainable and Balanced Growth in Pittsburgh in 2009 to promote the range of policy actions required to overcome the legacy of the 2007-08 financial crisis and put the global economy back on the path of strong, sustainable and balanced economic growth and robust job creation.
WHITEHOUSE: The Los Cabos Growth and Jobs Action Plan
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There is ample evidence that restoring gold convertibility would put the world back on the path of jobs, growth, and a balanced federal budget.
FORBES: Fiat Money: The Root Cause Of Our Financial Disaster