File photo: Federal Reserve chairman Alan Greenspan and President George W. Bush. Federal Reserve officials are stepping up signals that they may act swiftly and aggressively, if needed to ward off inflation
File photo: Federal Reserve chairman Alan Greenspan and President George W. Bush. Federal Reserve officials are stepping up signals that they may act swiftly and aggressively, if needed to ward off inflation
UGH!! Just as the economy is coming back, Greenie is ready to stomp on it with interest rate hikes, so stop the growth.
Just as I'm ready to sell my home (and buy another), this should-be-retired inflation-is-his-boogeyman is going to raise rates.
I dislike this guy more than I have room to tell you about it but his "exuberant bubble" comment cost me $3500 in one day. I am NOT a fan of this Fed Chairman and would rather see Larry Kudlow or Jack Kemp in the position.
He is irrationally afraid of inflation - some inflation is good when the economy is in recession OR coming back from one.
If this guy costs Pres. Bush his re-election, I hope there are bunch of FReepers who know where Greenie lives so we can go and FReep him to the day he dies. I promise to be there as often as I can. IF he costs 43 his re-election - okay, I've censored what I wanted to write but you can imagine it if I type !#$%$^%^@%#$% the guy.
Truthy