Sunday, August 20, 2017

The Fed

At most it would be .5% rate hike from now to the end of the year I guess. So, nothing has changed.

The Fed Reserve Bank has a simple job: Adjust the interest rate so the market is not over-heated or under-heated. You do not need to pay tons of money for making this simple decision and a $5 simple program (written by me) will do.

The Fed is not God. Remember the chairman said the economy was good and after a few months the market crashed - he had the gut to write a book on his own mistake. Come on!

No comments:

Post a Comment