CNBC: iPhone 5 to Help Economy More Than Fed

friedlobsterfriedlobster
Posted:
in General Discussion edited January 2014


"The Fed's goal is to be focused on the labor market in addition to other things," he said during a "Squawk Box" interview. "What concerns me about it is in my view the Fed can't do much more to lower the unemployment rate. The Fed is rightly dissatisfied. But the iPhone is going to do more for the real economy than QE3." 


 


http://www.cnbc.com/id/49030749

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