razormdthe2nd

Why the Fed Needs to Pause Today

...why the world doesn't need more "sidewalk superintendents"?...be... they contribute nothing of value...the Fed is is lead by presumably intelligent, well trained individuals with access to vast stores of data as well as access to a vast network of expertise via the federal reserve banking system...one might reasonably presume that they're in a better position to judge appropriate monetary policy than someone who looks like they're barely out of diapers.