Monday, June 13, 2022

It's The End of the World As We Know It and I Feel Fine


I'm sure that a lot of individuals and entities have not had a solid night of sleep (or, for that matter, taken a solid shit) over the past week in anticipation of the upcoming Federal Reserve's June meeting.  On the other hand, your old Uncle Kenny sleeps like a baby dreaming of slowly but surely increasing treasury yields and interest income.  

There's an old banking phrase that many will become intimately acquainted with:  Those who do not understand compounding interest PAY it while those who do understand compounding interest COLLECT it.  

It is high time that you bunch of coddled, cuddled and over indebted losers cough it up.

No more hiding behind the skirt (or in the case of Janet Yellen, pantsuit because she has probably NEVER looked good in a skirt and looks only SLIGHTLY LESS UN-FUCKABLE in a pantsuit) of your fucking Mommy who masquerades as an impartial Central Bank.  Will it hurt?  Abso-fucking-lutely.  Too fucking bad.

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