2014-08-24zerohedge.com

``Perhaps even more malignant, the largest capital market of them all, namely the U.S. bond market has been put down by the Fed's activist zero bound anesthesiologist.  Thus, the utterly comatose American treasury market is no longer facilitating the natural growth of traditional savings income streams generated via secure interest bearing accounts and prudential savings products throughout the financial system's depository structure. In short, the healthy income flows constructively generated from legitimate savings produced from genuine economic activity, namely people going to work every day, has been effectively terminated by these wizards of wanton monetary policy at the wayward central bank.''



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