CNBC, July 14, 2014
CNBC reporter and commentar Rick Santelli in Chicago says that the Fed needs to get back to a less volatile form of central banking. If not, there will be a lot of unintended consequences. When Steve Liesman asks should policy be run to please traders in Chicago, Santelli says that the traders didn't contribute a penny to the crisis and the traders erupted in a roar of approval. Santelli argues that the economy and the markets need a better feedback unaffected by the Fed's manipulation.