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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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If the FED is perceived as being swayed by the call of the politicians you all are fked. That means the political dysfunction has infected monetary policy and the economy.
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Join Date: May 2017
Posts: 15,530
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If?
Perceived? You all? |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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https://www.cnbc.com/2019/08/05/former-fed-chairs-volcker-greenspan-bernanke-and-yellen-call-for-independent-fed-in-wsj-op-ed.html
Now why do ya think all 4 of the still living past FED Chairman made comment?
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You do not have permissi
Join Date: Aug 2001
Location: midwest
Posts: 39,828
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Quote:
Like carotid arteries on a flat map except with multiple overlapping hearts and multiple limbs extending into the distal . Every day the circulation cycles repeat again. The problem is that personal auto traffic clogs the majority of those routes. This blocks everything equally: urgent and non urgent alike. It also makes bicycle and pedestrian traffic much more hazardous when they are mixed together with semis and limits all other commuting options. Many of the originating sources are ports, airports, and highways importing goods. That could all change in the future if the sources of production relocate...but would our current infrastructure let this happen? Would it be flexible enough to reconfigure easily? What about new high-speed transportation means such as pneumatic tubes and the like? Trains work wonderfully when they are dependable and safe and available but require a great time and great expense to plan-ahead for. The best time to build new train routes is during the good economic times...when nobody cares... All these competing systems run on one plane but we should be thinking of new ways to separate them all. Run trains down the center of highways. Run subways underground. Covered raised throughways for bicyclists. Auto and pedestrian on ground level. Kumbaya. |
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Quote:
You haven't been preaching about a recession. You have been preaching Armageddon. |
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Also, from the article.
"The former leaders of the Fed emphasized that the Fed’s powers are appropriately checked by Congress." Who would we want to appoint the Fed representatives to avoid "perceived " political pressure? Perception may not be actual fact. Last edited by Sooner or later; 08-08-2019 at 12:45 PM.. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Quote:
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Quote:
The upcoming Armageddon will probably kill me... ![]()
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AutoBahned
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esp. if it's an Armadillo Armageddon
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