Carly Fiorina Says Fed ‘Easy Money Policy’ Contributed to ‘Frothy’ Market

Rex Features/AP
Rex Features/AP
Washington, DC

GOP presidential candidate Carly Fiorina weighed in on the market crash and what can be done to stop the sell off that’s occurring.

The former CEO of Hewlett-Packard tells Breitbart News that the correction is overdue because “the economic fundamentals don’t justify the record highs we’ve reached.”

Fiorina continued, “The Federal Reserve’s easy money policy has contributed to a frothy stock market. The Chinese economic slowdown, which also has been anticipated, obviously is contributing to the dramatic selloff. The stock market is now returning to levels more reflective of economic fundamentals.”

Fiorina said now that this has happened; the United States must do what is necessary to get the economy growing.