Whoever knows he is deep, strives for clarity; whoever would like to appear deep to the crowd, strives for obscurity. For the crowd considers anything deep if only it cannot see to the bottom: the crowd is so timid and afraid of going into the water.

- Friedrich Nietzsche

The Fed

Anyone who does not think the Fed is political does not understand organizations, history, human nature or how to put on their shoes properly. Long-term, this organization is willing to harm the economy to serve their political master.

A quick read: JPM Agrees With Trump That Fed Is Political, Accuses Yellen Of "Distorting Asset Markets, Blowing Bubbles"

posted at 20:41:17 on 09/22/16 by clearpolitics - Category: Economics - [Permalink]

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