cletus_

cletus_ t1_j9lfr3u wrote

Didn’t your grandad see it in the seventies when interest rates were north of 50% or something? Different fed now, I realize. As a man’s man, if Paul Volcker were alive today he would probably walk in to a meeting, sneak up behind Yellen and put his dong on her head just for laughs while lighting a cigar, then bust into another meeting, smack Jerome Powell and tell him 25 basis points are for pussies. I could then see him getting angry while watching mad money that evening, call up Cramer and tell him he’s an asshole because the shorts never closed and he’s going all in on GameStop. That’s what I look for in a fed chair.

10

cletus_ t1_j9j8kb0 wrote

I thought after bernie, they might be doing this to some extent if they knew what was good for them. I mean, bernie wasn’t making any trades, this information was plopped in their lap and they didn’t do shit sooooo. Anyway.

1