Yellen tells congress. . .
derryb
Posts: 36,824 ✭✭✭✭✭
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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In God We Trust.... all others pay in Gold and Silver!
<< <i>Federal Reserve Chair Janet Yellen made it clear she believes the economy still requires a strong dose of stimulus five years after the recession ended because unemployment and inflation are well short of the Fed’s goals. >>
I give up.
It's all musical chairs.
They play the music.
We tiptoe around the chairs.
But they can't stop playing the music.
So we keep walking around the chairs.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>I wish she would quit Stalin and tell us something we didn't already know. >>
Indeed. Lenin money at zero interest is a mistake.
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<< <i>I wish she would quit Stalin and tell us something we didn't already know. >>
Indeed. Lenin money at zero interest is a mistake. >>
Ah, but her contemporaries give her good Marx.
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<< <i>
<< <i>I wish she would quit Stalin and tell us something we didn't already know. >>
Indeed. Lenin money at zero interest is a mistake. >>
Ah, but her contemporaries give her good Marx. >>
We should probably Barry this thread before someone gets hurt....
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<< <i>
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<< <i>I wish she would quit Stalin and tell us something we didn't already know. >>
Indeed. Lenin money at zero interest is a mistake. >>
Ah, but her contemporaries give her good Marx. >>
We should probably Barry this thread before someone gets hurt.... >>
Indeed. Don't expect anything different in 2015 or 2016 or 2017........
We could allow nature to take it's course but that would bring down hundreds of billionaires who own Congress and The Fed so it's highly unlikely.
'Government's view of the economy could be summed up in a few short phrases:
If it moves, tax it.
If it keeps moving, regulate it. And if it stops moving,
subsidize it'
- Ronald Reagan