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.
4 comments:
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.
It does sound like there is some sort of disengagement with reality going on, doesn't it?
Is there a reason to believe that any figures issuing from the Gov are accurate?
Not just no, HELL NO. It's all propaganda now.
That's a troubling thought.
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