Thursday, May 2, 2024

In the #News #Politics #Economy - The Fed Chooses To Be Blind

“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain

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The Fed Chooses To Be Blind

Powell tells the majority that he sees neither stag nor flation. This leads to one conclusion, either Powell needs to update is prescription for his glass, or he doesn't know what he's looking at (meaning he can't tell the truth).

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