Monday, July 11, 2016

Kansas City Fed Wants Interest Rate Spike

Here's a look at the upcoming move touted by a prominent local that's fiscally responsible but could crush the economy . . . Kansas City Fed president Esther George says rates are 'too low'

8 Comments:

Anonymous said...

she's right and she's a courageous leader, imho.

just looking around indicates that the economy has and is picking up. so, the lowest, most stimulative fed policy in history isn't warranted. moreover, obvious bubbles are emerging that will end badly.

time to normalize interest rates!

Anonymous said...

Since she ain't the Secretary of the Treasury I guess she is just shit out of luck.

Anonymous said...

KC pulls no weight at the FED meetings.

Tom Hoenig dissented a record number of times, voting against the consensus view, and they steamrolled him.

Anonymous said...

not going to happen .....economy still in tank regardless of what they say

Anonymous said...

She's never been right since she got promoted from lower level Fed beauracrat to KC Fed Pres. Simply clueless...no wonder the declining middle class is in revolt!!!

Super Dave said...

Esther needs to get out amongst the real people once in a while. Leave the rates alone you dingbat.

Anonymous said...

OMG, Fed Monetary policy as discussed by Tony's denizens.

God help us.

Anonymous said...

The only reason we even have to pay interest is because of the toy train. But it's not too late, if we pull up the tracks and defeat the upcoming expansion vote, everyone will get a free house, car and violence will stop in the inner city, just like before we had streetcars and everything was perfect.