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Morning six-pack: The taper edition

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Happy Wednesday. Or should it be, "Happy Fedday"? Today on the six-pack, it's all taper-talk, all the time.

But should it be? Truth is, most people don't even know what we're talking about when we get into all this quantitative easing chatter. (Reuters)

We care, though, because a Google news search for tapering yields about 89,000 results. We'll really care if the Federal Reserve exceeds market expectations and reduces QE by $20 billion a month or more. (The Economic Times)

When it comes to central bank policy and its effects on the dollar, nothing happens in a vacuum, as the rest of the world is about to find out. (The Financial Times)

File this one next to "Generalissimo Francisco Franco is still dead." Tim Geithner has none—as in zero—interest in becoming the next Ben Bernanke, er, Fed chairman. (Reuters)

After all, who in their right mind would really want the job? (Los Angeles Times)

And finally ... we try to avoid logrolling here at the six-pack, but kindly check out my take on where the economy really stands after $3.7 trillion worth of Fed intervention.

—By CNBC's Jeff Cox. Follow him @JeffCoxCNBCcom on Twitter.

  • Jeff Cox is finance editor for CNBC.com.

  • Lawrence Develingne

    Lawrence Delevingne is the ‘Big Money’ enterprise reporter for CNBC.com and NetNet.

  • Stephanie Landsman is one of the producers of "Fast Money."

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