Friday, August 21, 2015
More idiocy from Business Insider
BI - the Fed is at risk of REPEATING ONE OF THE BIGGEST MISTAKES IN US HISTORY.
Mike Bird, you're a fucking idiot.
1. Yeah, you can certainly draw parallels between now and 1937. For instance, in 1937 the US didn't even have a measure of Gross National Income, and GNP wasn't even invented til 1942. Today, Janet Yellen actually has economic data that she can follow. Perfect fucking parallel you twat.
2. Also, I'm sure Janet didn't watch Trichet fuck up Europe with a rate hike in 2011.
3. Also I'm sure you, Mike Bird, with your BA in history and politics, oh look you're still in school, well how's that working out for you, know so much more than Janet Yellen, with her Ph.D. and her husband who won a Nobel, so much so that you're able to predict what the Fed is about to do. That's why I'm very interested in your opinion of US housing strength, wage growth, international monetary flows and unemployment, not.
4. And finally, no the Fed isn't going to purposefully fuck up the US economy. Aside from the one idiot who worked at the IMF when they bungled the Asian banking crisis, these people actually know how economies work and stuff.
For the love of Christ bring back Wiesenthal, these other guys are pathetic.