Hahahahhahahahahahahhahahahahahhaha You can't even make this fu$king nonsense up.... It's not the job....well if it's not their job why are they still bowing to wallstreet and giving them everything they want.... 'It's not the Fed's job to protect investors from losses,' says central banker Kashkari The Minneapolis Fed president says the central bank keeps a tab on asset prices and signs of financial instability. But he adds it's unwise to use monetary policy to try to constrain the stock market. Kashkari, an interest rate hike dissenter, says borrowing costs should not go up when inflation remains so lo It's not the Federal Reserve's job to protect investors from losses in the stock market, Minneapolis Fed President Neel Kashkarisaid Tuesday. During an appearance on CNBC's "Squawk Box," Kashkari said the central bank keeps a tab on asset prices and signs of financial instability, but he added it's unwise to use monetary policy to try to constrain the stock market. "I think we need to work very hard to protect against an '08-type scenario, but if markets correct, it's not the Fed's job to protect investors from losses," said Kashkari, a voting member of the policymaking Federal Open Market Committee. https://www.cnbc.com/2017/12/19/feds-kashkari-it-is-not-my-job-to-protect-investors-from-losses.html