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:

  1. ColoComment11:18 AM

    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.

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

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

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

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