The definition of insanity

If inflation has missed the Fed's 2% target for 38 straight months, my husband wonders, "Could it be that there's little or no correlation between the Fed's tool and its intended result?  But no, that's crazy talk."

4 comments:

ColoComment said...

One would think that the Fed might be tempted to re-examine its evidence, logical deductions, and strategies, given the lack of desired results.

But no. Apparently looking for errors in thinking is not an acceptable proposition.

Grim said...

It does sound like there is some sort of disengagement with reality going on, doesn't it?

raven said...

Is there a reason to believe that any figures issuing from the Gov are accurate?

douglas said...

Not just no, HELL NO. It's all propaganda now.
That's a troubling thought.