I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
One certainty that exists is the fact that the Fed will do no harm to the market or the economy, especially with the next presidential election cycle beginning already.
One certainty that exists is the fact that the bull in your shop will do no harm to the fine china, especially since I told it not to make any sudden movements. ;)
No harm. Hell, there is nothing to preclude the bull in the china shop from adding value to the shop by re-arranging the china in a way more likely to sell extending prosperity for all.
Never mind that Bilbo Baggins is more likely to end up crying.
Just like the Fed walked that tightrope in 2007/08 and crashed the entire economy. Didn't the Fed tell us subprime was contained and derivatives weren't a danger? No problem! Nope, no harm at all right up to the trillions in bailouts.
One certainty that exists is the fact that the bull in your shop will do no harm to the fine china, especially since I told it not to make any sudden movements. ;)
ReplyDeleteNo harm. Hell, there is nothing to preclude the bull in the china shop from adding value to the shop by re-arranging the china in a way more likely to sell extending prosperity for all.
ReplyDeleteNever mind that Bilbo Baggins is more likely to end up crying.
https://www.youtube.com/watch?v=3gv1qnPAiSI
fudge_hend,
ReplyDeleteHahaha! That's what Bilbo Baggins hates!
Just like the Fed walked that tightrope in 2007/08 and crashed the entire economy. Didn't the Fed tell us subprime was contained and derivatives weren't a danger? No problem!
ReplyDeleteNope, no harm at all right up to the trillions in bailouts.
dd,
ReplyDeleteThat could not have happened! Impossible! And do you know how I know this?
2007 was a year heading into an election year! Just like 2015 is!
I have it on good authority that it is both a "certainty" snd a "fact" that the Fed can do no harm! The presidential election cycle demands it! ;)
Perhaps we're living in the Princess Bride; just not sure who is the Dread Pirate Roberts. The Fed is Vizzini: "Inconceivable!"
ReplyDeletedd,
ReplyDeleteROUS - Rates Of Unusual Size
It's one of the damgers of the FIRE economy swamp.
Damgers? It's a keeper! ;)
ReplyDeleteThe Fed will do no harm??
ReplyDeleteYeah right, just like they didn't allow Wall St. to peddle trillions of fraudulent mortgages as AAA securities.
The guy's "logic" is a marvel!
mab,
ReplyDelete"Extent of damage unknown. Will advise." - Captain Rockwell Torrey, In Harm's Way (1965)