Observations and opinions. My opinion and $1 (it was 50 cents but I've adjusted for inflation) will get you a cup of really bad coffee.
Tuesday, December 6, 2011
Hoenig - The Only Guy Who Had His Head Screwed On Right Has Left the Building
"Hoenig spent 2010 — his most recent and final one-year term on the Fed’s rate-setting Open Market Committee — voting against historically low interest rates favored by Federal Reserve Board Chairman Ben Bernanke and every other committee member."
The surge of inflation down on the farm was predicted long ago by you and very soon, you're going to be able to say to those who opposed you "I told you so you bunch o' dumb asses."
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