Tuesday, June 07, 2016

It's Always Two Months Away

We've been waiting for the Fed to do its rate hike moves since 2010 or so. They're constantly overoptimistic about the current and future states of the economy, and they're clearly obsessed with the nonexistent monster under the bed, inflation. It's just around the corner, you see, and when it happens there's absolutely nothing we can do because if there's one thing we know nothing about it's fighting inflation. We know so little about it we can't even mange to cause any inflation to fight!