The Federal Reserve Is A Total Joke
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we’re here again with the Fed Fundays. That’s right. Funday, Funday, Funday with the Federal Reserve. Right. I don’t think it can get really any more tedious, any more boring than all of the pundits and so -called experts that they keep.
parading all over business news, what they think the Fed is gonna do, what they should do, what I think they’re gonna do, but then what they will do and all of this nonsense for what?
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I don’t know, I need to feel airtime, I guess. I’m trying to say to myself, who watches this stuff? It has to be some of the most tedious crap out there. Again, I wish they would go back to making fun of the entire charade where they had the briefcase indicator back in the day on CNBC with Greenspan. These two are making fun of it. Now everybody’s taken themselves so seriously with this.
You know, my issue with the Fed and what’s gonna happen quite frankly is they’re perpetually wrong again and again and again. And it’s okay. I said, this is one of the great things about this country is this is a country where, you know, you get second chances, you get third chances, you get fourth chances. You can be wrong. It’s fine. You’re supposed to learn.
from your mistakes, you’re supposed to move on, but then you may make a different mistake. We’re supposed to learn from that as well. We watched the Federal Reserve make mistake after mistake, miscalculation, whatever it may be. And you ever notice they never come back and explain to us what happened? What they may have learned from their policy errors? I mean, I’m…
jumping up and down banging on the table when they were telling everybody, it’s inflation’s transitory. I’m like, no, it’s not. No, no, no, it’s a monetary issue and the government keeps spending all sorts of money. It’s not gonna get better. It’s not transitory. It’s gonna get worse. And it did. And it did. And the 400 economists at the Federal Reserve couldn’t figure that out. Can’t they give us a little bit of reassurance?
that they’re capable of learning from their mistakes.
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I don’t know. I don’t know. And again, you know what I also don’t know? I don’t know what they’re gonna do. I don’t know what they’re gonna do. And quite frankly, I don’t care. Watchdog on wallstreet .com.
