Tuesday, July 12, 2016
The Fed Doesn't Control Deflation
Globalization controls deflation...
I just read some bullshit from PimpCo, saying the Fed should focus on boosting wages instead of stocks. Meaning that even the bond guys who are usually smarter than the stock dunces, don't get it.
The Fed has been at maximum throttle for seven years straight:
Fed Funds with Fed balance sheet:
And yet inflation keeps going down...
CPI with Fed Funds rate:
Does this look like control over inflation?
Capacity utilization is in control of this fabrication. Not chimps at the Fed...
Posted by Mac10 at 8:44 AM