FED-fed balloon

Moral: Wherein, we see how Janet is following Islam.

Last time, we looked at the Fed mania. After (many of) the Brits said that they have had enough of the high-falutin' folks of Brussels, and who can blame them, Janet talked goo-goo (like Ben, of old) to the addicts. Oh, no increase in sight. We might take away little bit of change that we gave to the savers last year, she said.

So, then, we got this inflated event on the chimera. It is well-covered in this blog just how much of a crappy game is that whole bit of things.

But, Janet ought to realize that Islam says no interest. She is almost there. Except, the bankers want to steal the money from people who have scrapped and saved over decades. They want to move it to the pockets of the fat cats.

Now, if Janet wants no interest, she ought to consider other laws of Islam. It's called Sharia Law. You can find reference to Islamic Finance in this blog, too. How do you think that would go over, Janet?

What are the impacts of negative interest rate policies currently in effect on the global financial market?

With this latest little bubbling, Janet could raise to 1%, let's say. Let the ball drop and see what the heck happens. After all, the Fed has been flying blindly for years now. Why not try a different angle?

So, savers continue to be flayed. Thank you, bankers.

Remarks: Modified: 07/15/2016

07/15/2016 --

FED mania

Moral: Wherein, we dawdle.

It's a holiday weekend. But, a new month.

Last week, Janet talked to Congress. The usual dancing about with words. Then, last Thursday, the Brits voted for Brit-exit. That is, they told the bureaucrats of the EU that they're tired of carrying the ball. And, that they, the Brits, would be better on their own.

So, on Friday, the gaming system fell. You see, addicts ran amok. Then, too, Monday. What is new about that? Janet? She was heard murmuring that she may have to take back the rate raise that she did earlier. Earlier? Let's say last year. This year, she had dawdled.

We only do it on holidays.

Guess what? Now, we are back to the same inflated state of the gambling system. To a rational FED, that would say, it's time to put the rates to something realistic.

When might the FED awaken? So, is the FED really tied into feeding the addicts? If so, when would we ever have a mature economy?

Meanwhile, savers are still being flayed as we have been for almost a decade. Thank you, FED.

Remarks: Modified: 07/01/2016

07/01/2016 --