This has D-I-S-A-S-T-E-R written all over it.
Rather than trying to shuffle the deck chairs around to try to block the view of the iceberg, how about we stop outsourcing American factories and jobs, stop sending our technology to people who hate us, stop spending our national treasure on countries which don’t do anything for us - and create American wealth again.
We cannot spend money, we do not have.
We need to create wealth again. That means manufacturing.
AMERICAN MANUFACTURING.
That will require a real, pro-American trade policy.
All this financial sleight of hand is just three card monty.
We need jobs, and manufacturing.
Not tricks.
As some have predicted, the FED will never raise rates again. This is more proof of that position.
Also, it gives the US Gov't even more incentive to fudge CPI figures.