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The Fed is playing a political game, the same establishment that...

  1. 574 Posts.
    The Fed is playing a political game, the same establishment that doubted him getting anywhere near the white house is the same establishment in panic mode now. The good old hag Yellen is in for a rude shock!

    Fed chair Janet Yellen took pains to reassert the central bank’s “independence” from Congress and the White House. Yellen apparently felt the need to tell the world in Fedspeak that the Federal Reserve won’t help Donald Trump and Republicans implement their economic goals.
    For someone who has insisted up and down that she’s non-political, Yellen sounded an awful lot like a politician. She claimed it would be a mistake to roll back Dodd-Frank regulations. She suggested fiscal stimulus of the sort Trump wants is unnecessary. And she said Donald Trump as president would bring “considerable uncertainty” for policy makers.

    The only dumbos are the ones who doubted him all along.......
 
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