Nouriel Roubini comments on the latest fed moves

From RGE Monitor:

The Fed decision yesterday to cut the Fed Funds range to 0-0.25%
formalized the fact that, over the last month, the Fed had already
moved to a ZIRP (zero-interest-rate-policy) - as the effective Fed
Funds rate was already close to zero -and started a policy of QE
(quantitative easing) as its balance sheet has surged over the last few
months from $800 billion to over $2 trillion. And – as discussed below
– the Fed is now undertaking even more unorthodox policy actions.  Here to read article