“Time to shut down the US Federal Reserve?”
Good question! If I were writing about this subject, of course, I would have opened my scathing condemnation of the Federal Reserve with, “Unfortunately, the time to shut down the Federal Reserve was long, long ago. As a result, we’re freaking doomed, and the only thing left to do is round these lowlife Fed morons up and punish them severely for their arrogance and incompetence! And Congress, too! And the Supreme Court! A pox on all their houses!”...
“The Federal Reserve is an intellectual cesspool of self-deluded neo-Keynesian econometric halfwits who have created so much excess money and credit, for so long, that they created boom-time inflations in stocks, bonds, houses, simmering-yet-ruinous inflation in consumer prices, a huge inflation in the cost of and reach of government, not to mention a terrifyingly gargantuan derivatives industry that swamps everything else, all of which shows some kind of insanity to not say, ‘Whoa! This can’t be right!’ a long, long time ago, especially since, because of them, We’re Freaking Doomed (WFD)!”...
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