re: #206 Blind Frog Belly White

Okay, so there’s one thing that bothers me. Trump is probably the one who put this most succinctly, and thus most closely juxtaposed the contradictions. To paraphrase:

1) Janet Yellen is keeping interest rates artificially low.

2) If she raised them, the economy would be worse off.

Okay, if raising them would make the economy worse, by what measure are they ‘artificially low’? If inflation were rampant, then, yeah, you could argue they were artificially low.

But it’s not. Even the usual, “But my gas cost more, so inflation is much higher than they tell you!” doesn’t work anymore.

Then again, who am I to demand logic?

They are artificially low by the measure that the Fed is artificial, therefore….

They just hate the Fed. And Yellen, while they’re at it.