Here is Why the The FED is a Joke

Geaux4it

Intensity Factor 4-Fold
May 31, 2009
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and should be audited. As always, they have the cart ahead of the horse. While I do believe that the country will be in better shape at end of the year compared to the beginning, they should wait and respond accordingly once the data, not 'hope' improves. Kudos to the reporter that put Yellen on the spot

-Geaux
====================

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response

Today's FOMC press conference was the standard affair. Reporters ask broad questions, Yellen responds with even broader comments that amble aimlessly leaving no one any wiser as to The Fed's true intent. That is, until Bloomberg TV's Kathleen Hays decided enough was enough, and wanted to get to the bottom of just why a "data-dependent" Fed is hiking in a world in which economic data is rapidly deteriorating.

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response | Zero Hedge
 
The Fed board members are worried about inflation.

They have always been worried about inflation.

And they will always be worried about inflation.

Inflation got up to 12% in 1975 and 14% in 1980 and they are old enough to remember that well.

Apparently you Geaux4it are NOT old enough.
 
Geaux is impressed with his immature youthfulness compared to most of us who went through those years.

Inflation is always the danger.
 
The Fed board members are worried about inflation.

They have always been worried about inflation.

And they will always be worried about inflation.

Inflation got up to 12% in 1975 and 14% in 1980 and they are old enough to remember that well.

Apparently you Geaux4it are NOT old enough.

That is one data point for which they consider when they say they are 'data dependent' when making decisions.

BTW- Thanks for making me feel young

-Geaux
 
and should be audited. As always, they have the cart ahead of the horse. While I do believe that the country will be in better shape at end of the year compared to the beginning, they should wait and respond accordingly once the data, not 'hope' improves. Kudos to the reporter that put Yellen on the spot

-Geaux
====================

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response

Today's FOMC press conference was the standard affair. Reporters ask broad questions, Yellen responds with even broader comments that amble aimlessly leaving no one any wiser as to The Fed's true intent. That is, until Bloomberg TV's Kathleen Hays decided enough was enough, and wanted to get to the bottom of just why a "data-dependent" Fed is hiking in a world in which economic data is rapidly deteriorating.

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response | Zero Hedge

and should be audited.

They're audited. Every year. You can find the audits online.
 
and should be audited. As always, they have the cart ahead of the horse. While I do believe that the country will be in better shape at end of the year compared to the beginning, they should wait and respond accordingly once the data, not 'hope' improves. Kudos to the reporter that put Yellen on the spot

-Geaux
====================

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response

Today's FOMC press conference was the standard affair. Reporters ask broad questions, Yellen responds with even broader comments that amble aimlessly leaving no one any wiser as to The Fed's true intent. That is, until Bloomberg TV's Kathleen Hays decided enough was enough, and wanted to get to the bottom of just why a "data-dependent" Fed is hiking in a world in which economic data is rapidly deteriorating.

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response | Zero Hedge

and should be audited.

They're audited. Every year. You can find the audits online.

I'm talking about a real audit which exempts currrent audit protocol. Including the FEDS discount window while making the audit available to congress

-Geaux
 
and should be audited. As always, they have the cart ahead of the horse. While I do believe that the country will be in better shape at end of the year compared to the beginning, they should wait and respond accordingly once the data, not 'hope' improves. Kudos to the reporter that put Yellen on the spot

-Geaux
====================

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response

Today's FOMC press conference was the standard affair. Reporters ask broad questions, Yellen responds with even broader comments that amble aimlessly leaving no one any wiser as to The Fed's true intent. That is, until Bloomberg TV's Kathleen Hays decided enough was enough, and wanted to get to the bottom of just why a "data-dependent" Fed is hiking in a world in which economic data is rapidly deteriorating.

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response | Zero Hedge

and should be audited.

They're audited. Every year. You can find the audits online.

I'm talking about a real audit which exempts currrent audit protocol. Including the FEDS discount window while making the audit available to congress

-Geaux

I'm talking about a real audit

What do you feel is missing from the Fed audits that would be in a "real audit:?
 
The Fed will NEVER, EVER be audited

bd5.jpg

Keep dreamin Goy!
 
Geaux is impressed with his immature youthfulness compared to most of us who went through those years.

Inflation is always the danger.

Jake the philosopher

-Geaux
The only thing Jake is competent about, is his gender transition.

Seems the Fed's rate hike might have something to do with the Donald, since rate hikes have only recently been occurring...all while the economy is doing very little to warrant rate hikes. Liberals fuck up every thing they touch.
 
“Audit the Fed” is not about auditing the Fed | Brookings Institution
and should be audited. As always, they have the cart ahead of the horse. While I do believe that the country will be in better shape at end of the year compared to the beginning, they should wait and respond accordingly once the data, not 'hope' improves. Kudos to the reporter that put Yellen on the spot

-Geaux
====================

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response

Today's FOMC press conference was the standard affair. Reporters ask broad questions, Yellen responds with even broader comments that amble aimlessly leaving no one any wiser as to The Fed's true intent. That is, until Bloomberg TV's Kathleen Hays decided enough was enough, and wanted to get to the bottom of just why a "data-dependent" Fed is hiking in a world in which economic data is rapidly deteriorating.

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response | Zero Hedge

and should be audited.

They're audited. Every year. You can find the audits online.

A deep dive into the 'sausage making' on how monetary decision happens. Its clearly not on what they say it is

-Geaux
 
The Fed board members are worried about inflation.

They have always been worried about inflation.

And they will always be worried about inflation.

Inflation got up to 12% in 1975 and 14% in 1980 and they are old enough to remember that well.

Apparently you Geaux4it are NOT old enough.

Nonsense, just cuz they print trillions of dollars of monopoly money every year in no way means we should worry about inflation.

What people should be demanding is, free college and abortions.
 
Geaux is impressed with his immature youthfulness compared to most of us who went through those years.

Inflation is always the danger.

Jake the philosopher

-Geaux
The only thing Jake is competent about, is his gender transition.

Seems the Fed's rate hike might have something to do with the Donald, since rate hikes have only recently been occurring...all while the economy is doing very little to warrant rate hikes. Liberals fuck up every thing they touch.

Agreed. Hence, cart ahead of the horse

-Geaux
 
The Fed board members are worried about inflation.

They have always been worried about inflation.

And they will always be worried about inflation.

Inflation got up to 12% in 1975 and 14% in 1980 and they are old enough to remember that well.

Apparently you Geaux4it are NOT old enough.
The Fed board members are worried about inflation.

They have always been worried about inflation.

And they will always be worried about inflation.

Inflation got up to 12% in 1975 and 14% in 1980 and they are old enough to remember that well.

Apparently you Geaux4it are NOT old enough.
Where is this imaginary inflation?
 
Geaux is impressed with his immature youthfulness compared to most of us who went through those years.

Inflation is always the danger.

Jake the philosopher

-Geaux
The only thing Jake is competent about, is his gender transition.

Seems the Fed's rate hike might have something to do with the Donald, since rate hikes have only recently been occurring...all while the economy is doing very little to warrant rate hikes. Liberals fuck up every thing they touch.

Agreed. Hence, cart ahead of the horse

-Geaux
It could be the establishment is doing all it can to harm Trump. We know the establishment hates him, so is it really that hard to believe that the Fed would purposely try to harm the economy in the hopes of hurting Trump? I don't think so.
 
The Fed board members are worried about inflation.

They have always been worried about inflation.

And they will always be worried about inflation
.

Inflation got up to 12% in 1975 and 14% in 1980 and they are old enough to remember that well.

Apparently you Geaux4it are NOT old enough.

And if that's the case, why did interest rates not increase in March 2010 when it was at 2.21 and in Jan 2012 it was 2.93?

-Geaux
 
Geaux is impressed with his immature youthfulness compared to most of us who went through those years.

Inflation is always the danger.

Jake the philosopher

-Geaux
The only thing Jake is competent about, is his gender transition.

Seems the Fed's rate hike might have something to do with the Donald, since rate hikes have only recently been occurring...all while the economy is doing very little to warrant rate hikes. Liberals fuck up every thing they touch.

Agreed. Hence, cart ahead of the horse

-Geaux
It could be the establishment is doing all it can to harm Trump. We know the establishment hates him, so is it really that hard to believe that the Fed would purposely try to harm the economy in the hopes of hurting Trump? I don't think so.

I'm not convinced. I think it might be just all a show.

At the end of the day, the Prog agenda's will all be promoted whether it is Trump siding with their agenda or stopped from opposing it.

You watch.
 

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