MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Keynesian economics’

WSJ Loves Its Fed Enabler – Readers Don’t

Posted by M. C. on September 26, 2015

These are 25 Sep 15 comments from Wall Street Journal readers after Yellen says she will raise rates ‘later this year’.

Hopefully these same readers will realize the WSJ part of the problem.

Be seeing you

After 7-8 days down, this seems to be just a bounce….

How ridiculous. We can’t raise rates now but can in 3 months? What is going to be different then?

And look at this trollish hack of a human being. She doesn’t even possess enough physical strength to stand up and talk for an hour, but she’s strong enough to lead the Fed? Why on earth do we give power to such weak bureaucratic hacks? Our government is littered with such women now, little fireplugs of nothingness, flabby, sagging, flaccid and weak. Yet they have so much power.

What happened to my nation? I don’t recognize this country anymore. 9 years of decreasing rates, 7 years of ZIRP – if anyone ever told you in before 2008 that this was “good” policy, you would have been laughed out of the room. But now I’m supposed to clap like a seal and declare victory with the basketcase of an economy we now have? If they manage to raise rates by .25 I’m supposed to get in line and say Keynesian economics work?

Our society is now Orwellian. We are doomed.  Read the rest of this entry »

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