Sunday, December 20, 2015

Federal Reserve Rate Hike Harmful? : Yellen Delusional?

Rate Hike
I wonder where Ms Yellen is living these days as she set before the microphone and deliver a speech that begs a willingness to deny disbelief at what she is saying.


With a record number of people on welfare and food stamps, 94 million unemployed and Social Security disability as catch all for the unemployed after their unemployment runs out, food prices out of control, how does she have the nerve to say she doesn't want to hurt the economy as she is partly responsible for it's decline?

At the same time it's reasonable to believer she took the call from the White House instructing her on what the agenda will be and how to proceed. It was the same for the fed chair before her and our only hope for the future will be that we will have a president that will have enough common sense to reform the Federal Reserve or abolish it all together.



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