Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

their job is not to analyze actual economic conditions, but to condition economic thought toward the end goal. 

By: capt_nemo in FFFT3 | Recommend this post (3)
Sun, 01 Feb 15 11:56 AM | 46 view(s)
Boardmark this board | Food For Further Thought 3 		Msg. 08471 of 65535
Jump:
Jump to board:
Jump to msg. #

Market Calls Fed's Bluff - Desperation Becomes Palpable
Submitted by Tyler Durden on 01/31/2015 - 14:17

Funding Markets just called The FOMC's bluff. Policymakers are acting out rational expectations theory or at least how they see it. In other words, their job is not to analyze actual economic conditions, but to condition economic thought toward the end goal. If they convince you that they believe the economy is on track they further believe you will act accordingly (“you” being both investor and economic agent). The more the economy diverges from the “preferred” projection, the more emphatic the cries of “recovery” become. At some point, desperation becomes palpable.


Comments: 55
Reads: 14,374

http://www.zerohedge.com/news/2015-01-31/market-calls-feds-bluff-desperation-becomes-palpable




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next