What is the Fed Smoking?

Discussion in 'Economics' started by Trend Fader, Nov 22, 2005.

  1. cable

    cable

    The Fed's power is in doing the unexpected. They have to keep people somewhat off balance, otherwise their moves have little effect.

    In other words: next meeting, they'll cut rates to match Japan's. Bernanke will arrive for his first meeting in a helicopter called the Money Machine. When he makes a big move, he'll have a tag line just like Donald Trump; I'm thinking, "Suck it up, weaklings - you've been bumped!"
     
    #21     Nov 22, 2005