S&P short term cycle swings

[SyndicateTwo]

You see, the main problem I think most economists that are trashing what the Fed is doing are having is that they are convinced - with history clearly on their side - that the Fed will fail in their attempts to pull all this money in when they need to to prevent the mess that it could bring - ie, the 1970s. Imagine everyone getting used to living with the rules the way they are now and the cheap money and things the way it is now and then a year or two down the road saying, 'sorry, I need it all back'. Huh? What will that do? It will kill the economy because everyone will again pullback their spending and hoard money because they won't know what will happen and will want to sit back and see.