They mentioned a graphic something about how the fed 'rarely' raises rate just before an election:
My take is that the fed's rate history shows that it's usually lowing and doing nothing regardless. Somehow in spite of the fact that we got human beings running the fed, that they got more important things to do than play politics, and I can't say that for the L A Times...
To: expat_panama
They sure broke with tradition in 2008, huh?
2 posted on
09/20/2016 5:16:14 AM PDT by
wastoute
(Government cannot redistribute wealth. Government can only redistribute poverty.)
To: expat_panama
I heard Herman Cain mention some years ago how politicized the Fed has become.
He used to be at the advisory level (Board of Governors - IIRC) of the KC Fed.
Seems Herman Cain would know.
To: expat_panama
how to try to manage the economy without appearing to favor either party’s presidential candidate... Or, stated in slightly different words, 'how to favor one party over the other, without appearing to do so'.
5 posted on
09/20/2016 5:27:32 AM PDT by
C210N
To: expat_panama
6 posted on
09/20/2016 5:45:53 AM PDT by
Arm_Bears
(Rope. Tree. Politician/Journalist. Some assembly required.)
To: expat_panama
If Trump wins there will be a painful adjustment. The powers that be will punish the deplorable.
7 posted on
09/20/2016 7:33:04 AM PDT by
Organic Panic
(Hillary Clinton, the elderly woman's version of "I dindu nuffins.")
To: expat_panama
The Fed is globalist all the way.
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