Next Time, Call Me First

CNBC: The Federal Reserve is unlikely to be able to bring down inflation without having to raise interest rates considerably higher, causing a recession, according to a research paper released Friday.

0.25% hikes are NOT going to do the job.  The Fed doesn't need to waste time or money on overpriced research papers - just read your old Uncle Kenny's free blog.  At the next F.O.M.C. meeting, they are going to need to look at higher for longer.

My suggestions:  number one is SHUT THE FUCK UP.  No more press releases.  No more "Fed Whisperers" working at the Journal.  No more "Forward Guidance" bullshit.  Let the markets squirm.  They are supposed to squirm and wonder.

Number two is shock the shit out of the markets.  A rate increase (even a small one) done after an unscheduled meeting that is done quickly thereafter is just what is needed to put markets into a state of unease.

Coming Soon to a City Near You

 

A crisis created by stupid government policies dreamt up by pinheads in Congress and the Executive branches and then enabled by a clueless, spineless, feckless Federal Reserve.  The Fed is ultimately responsible.

The next time that the representatives of "Great Americans" ask for funding for stupid shit, follow Nancy Reagan's advice Federal Reserve Governors and "just say no".  We'll all be better off for it in the long run and maybe, just maybe, the dollar will retain some sort of value as a currency.

Lightening up their foot on the brake pedal this past meeting was a mistake.  They are not any where near killing off the inflation by making .25% rate increases.  They may need to double down at the next F.O.M.C. meeting given the latest C.P.I. report.

Meanwhile, your Old Uncle Kenny is enjoying steadily rising interest rates.

Another Year, Another Fed Policy Error

 

Powell goes wobbly.  No Volker types with an iota of backbone within the Federal Reserve.  Just a bunch of Arthur Burns losers.  

Look for a dead cat bounce in speculative stocks and an escalation in prices of every day essentials for the Lower Slobovians.

As a dog returns to its vomit, so too does a fool return to his folly.