Sunday, February 16, 2020

Kansas City Money Boss Lady Conversation

Any denizen of the discourse understands that there are so many "power player" tall dudes in nice suits walking around Kansas City with their chests puffed out attempting to convince other people of their influence and prestige. TKC Pro Tip: The louder a person is, the less likely they have any real authority.

And so . . .

This lady wields more power over the purse strings and wallets of the nation than most . . . We've talked about her tenure for years and now public radio offers more background . . . Checkit:

How To Think About The Economy Like The Woman Who Leads Kansas City's Federal Reserve Bank

By some measures, the United States' economy is in great shape. President Donald Trump touts record low unemployment as evidence that things have never been better. His argument is bolstered by historic stock market increases over the last year. And if Esther George has one word to describe her 2020 economic outlook, it would be "positive."

6 comments:

Anonymous said...

ah the federal reserve bank near crown center, the one that used to be at 10th and grand. yes, that's the place where they keep the gold bars in reserve, right? hahahahahahah!!! more like the IOUs. -radish

Harold Eugene Johnson said...

The Federal Reserve Bank isn't federal, and has no reserve. However, with authorization, it can distribute vast sums of worthless paper money, which people will have to pay interest on, but can never repay, because the only money in circulation, is debt money. Interest money is never printed. Wasn't Thomas Woodrow Wilson GREAT? Y'all have a wonderful day.

Anonymous said...

And yet you two scramble after every measly scrap of this paper you can lay your hands on and dream of having more of it!

Anonymous said...

yaaaaaaaaaaay the stock market is up!

Anonymous said...

Her or it's job is to lie to the public.

Representative Fart and Swallow-well said...

Generally, the folks who hate Trump don't have a pot to piss in.

My 401K is doing just fine. I have worked fairly hard and tried to save some bucks. Bernie and most dims want to take my dollars and redistribute them for their own benefit. Fuck 'em. Love Trump. He's going to kick ass in Nov.