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When Did “Dickhead” Become Part Of Federal Reserve Jargon?
Update:
Disappointed in my use of that language--term clearly better applied to myself! Wish to apologize to @zerohedge (views and opinions my own).
— David Andolfatto (@dandolfa) November 15, 2014
When in the course of human events, a simple tweet observing the farce that America's centrally-planned economy and markets have become as a result of the relentless intervention of a few clueless economic hacks...
BULLARD: FED TO RAISE RATES IN 2015, TIMING DETERMINED BY DATA. Determined by DJIA he means
— zerohedge (@zerohedge) November 14, 2014
... Incites a response such as this by a taxpayer-funded peer of the abovementioned clueless economic hack, a peer who incidentally has never stepped a foot outside of academia in his entire "professional" career:
@zerohedge Ha ha, you are such a dickhead ... it's wonderful!
— David Andolfatto (@dandolfa) November 14, 2014
... a person who is a "Vice President" at the St. Louis Fed, the same Bank whose president is singlehandedly responsible for the last 10% upswing in these here rigged "markets"...
... who counts among his "academic credentials" the following:
Ph.D. Economics
University of Western Ontario
1994
M.A. Economics
Simon Fraser University
1987
B.B.A. Commerce
Simon Fraser University
1985
... and who is the self-professed author of the following "research" papers:
Articles Published in Peer-Reviewed Journals
"Optimal Disclosure Policy and Undue Diligence"
with Aleksander Berentsen and Christopher J. Waller
Journal of Economic Theory, January 2014, 149, pp. 128-152.
"Information Disclosure and Exchange Media"
with Fernando M. Martin
Review of Economic Dynamics, July 2013, 16(3), pp. 527-539.
"Incentive-Feasible Deflation"
Journal of Monetary Economics, May 2013, 60(4), pp. 383-390.
"A Note on the Societal Benefits of Illiquid Bonds"
Canadian Journal of Economics, February 2011, pp. 133-47.
"Essential Interest-Bearing Money"
Journal of Economic Theory, July 2010, 145(4), pp. 1319-602.
"Money, Intermediation, and Banking"
with Ed Nosal
Journal of Monetary Economics, April 2009, 56(3), pp. 289-94.
"Rational Truth-Avoidance and Self-Esteem"
with Steeve Mongrain and Gordon Myers
Canadian Journal of Economics, February 2009, 42(1) pp. 141-54.
"Endogenous Debt Constraints in a Life-Cycle Model with an Application to Social Security"
with Martin Gervais
Journal of Economic Dynamics and Control, December 2008, 32(12), pp. 3745-59.
"Bank Incentives, Contract Design, and Bank-Runs"
with Ed Nosal
Journal of Economic Theory, September 2008, 142(1), pp. 28-47.
Federal Reserve Bank of St. Louis Publications
"Liquidity Shocks, Real Interest Rates, and Global Imbalances"
Federal Reserve Bank of St. Louis Review, May/June 2012, 94(3), pp. 187-195.
"Fiscal Multipliers in War and in Peace"
Federal Reserve Bank of St. Louis Review, March/April 2010, 92(2), pp. 121-27.
Other Federal Reserve Publications
"A Simple Model of Money and Banking"
with Ed Nosal
Federal Reserve Bank of Cleveland Economic Review, 2001, 37(3), pp. 20-28.
"Unemployment and Economic Welfare"
with Paul Gomme
Federal Reserve Bank of Cleveland Economic Review, 1998, 34(3), pp. 25-34.
Other Publications, Book Reviews and Edited Volumes
"Search Models of Unemployment"
in Steven N. Durlauf and Lawrence E. Blume, eds., The New Palgrave Dictionary of Economics, 2nd Edition, 2008, Palgrave Macmillan.
"Comment on 'The Expectation Trap Hypothesis' by Lawrence J. Christiano and Christopher Gust"
Proceedings of the Bank of Canada Conference on Money, Monetary Policy and Transmission Mechanisms, October 2000, pp. 394-402.
"Unemployment Insurance and Labor-Market Activity in Canada"
with Paul Gomme
Carnegie-Rochester Conference on Public Policy, June 1996, 44, pp. 47-82.
... It becomes all too clear why the centrally-planned states of America are so very fucked up.
And while we appreciate the understanding that Fed "professionals" spend their working "research" hours tweeting instead of actually, you know, "researching" one can't help but wonder what follows after ad hominem?
Finally, while we don't know if "dickhead" is a generally-accepted term of the central-planner's jargon, we do know that the last time we were graced with its "dickweed" derivative, the outcome was delightfully ironic for (almost) everyone.
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Don't get your knickers in a twist Tyler. It's a back-handed compliment to the prevailing scatological commentators that post here. This chap is obviously trying to communicate in the language du zerohedge. A bit pathetic but then so are many of your commentators. I think a while back some website stated that the ZH followers were the 'vilest' on the internet.
Lately, some of the new members have become a brain freeze of inanity. I prefer the vile if just it affords a a bit of passionate blowback.
Carry on and mind the gap.
There's no victory until Yellen calls you a ninny poop
Each ZHer who reads this article has the ability to Strike.
It may be as simple as buying PMs-or paying off debt.
Long Live The Constitution!
@LC55, I've been living long enough to taste the last few economy & financial crises, trying to live modestly and be fortunate to do the both as you hinted and treat debt very cautiously, perhaps to the level of seeing it as a kind of sugar-coated poison!
Long live the inquiring and critical mind, wherever you are!
name calling - who cares
hey Andolfatto, your boss is a piece of shit
Hmm, I would like not to be in his place at the FED when this thing starts to blow up in his face with his Ph'd.
Academic credentials are for sure not a substitute for logical thinking anyhow. Thanks to these peeps we are in this mess, they focus on their research while their pants are on fire :)
When you own the world its hard to share, thats why next election we will 100% elect Jeberry!
For some reason we place these people on pedestals-in reality, they aren't any better than anyone else.
one of the Tylers got kind of butthurt because he was called a dickhead ? Who cares ?
And btw, I am not sure people in finance should feel superior to people in academia nowadays. Capitalism and survival of the fittest, except for the big banks, they get bailed out.
Maybe it's secret Fed tech-speak for a chart signal indickated by an unusually high volume trading day.
He better be careful. Banker seem to be die very fast when the machine has no need for them.
It's called "projection." When somebody calls someone else a name, that they inwardly think and know describes themselves. This guy has degrees up the wazoo in Economics, not a day in the real world, and obviously has psychological problems.
He uses the word "dickhead" because he is so insecure about his dick being small, and his head being big (and empty). That's my analysis.
Go bill his insurance now, Obamacare?
Tylers,
Keep chipping away at the bastards! The fact that this website exists lets them know that not everyone is drinking the koolaid and buying the bull shit.
You've been called worse by smarter people.
Now let's get back to making soap.
Oooh, I like that! Whole new twist on "rendering" unto Caesar, eh?
If I were an employer, I would look twice at anyone from Simon Fraser unless i were looking for someone with a deeply embedded socialist dogma.
Just an inside look at policymaking at the FED.
https://www.youtube.com/watch?v=wz-PtEJEaqY&feature=player_embedded
If he's still employed, then it was deliberate.
Jews have been hiding behind Italians for centuries.
For a price, of course.
I am Tyler's butthurt.
"vice president" in a financial institution is a guy with a degree who makes coffee.
Hey FED. ... soon, when your shit CON game goes bad... we'll call you by another name " DEAD MEAT " !!
hahahaha so much fun to call names... hahahaha
@adolfasshole ..... just be happy dude, times are good for you guys.... be a happy asshole and go fuck yourself on your yacht .... fuck yourself out to sea !!!
Disappointed in my use of that language--term clearly better applied to myself! Wish to apologize to @zerohedge (views and opinions my own).
#retraction
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i don't tweet so----no need, dave. i am sure it is all fun guy ego stuff that could end up in a brawl and a beer afterwards. kanpai!
LULZ
He's disappointed in himself? More likely, a superior chewed him a new one and he suddenly, albeit temporarily, found his missing professional discretion and personal humility.
i don't know, tyler. that sounded like a little bit of projection, like he wanted you to be a dickhead, maybe, so he can suck on it like his thumb while fantasizing about the life he could have had if he wasn't trapped in the matrix requiring a daily bend over examination looking for dingleberries of dissent from the chosen path.
It says he has a BA in Commerce.
WTF is that?
Does anyone doubt that the recent market 'rally' was just the pricing in of QE4? Or hell, maybe they're already pricing in QE5, who knows anymore?
He thinks dick heads are "wonderful".
Perhaps someday he'll be a Real Boy, and have one of his very own.
Mr. Geppettoooooooo?
And wake up every morning with a woody?
For anyone that would care to barf:
http://www.businessinsider.com/interview-with-david-andolfatto-2014-4
He may be an a-hole... but he's not 100% dickhead!
The only possible response to the ZH crowd by the FED will be a 300 point up day on the Dow on Monday and a promotion for the miscreant Adolf-fatso.
Hey watch it there. MsCreant is too good for him. You know this. ;-)
1913.
I used to read the comment section of ZH because it was full of insight and intelligent analysis. It's starting to be like watching Idiocracy, sure they're talking about important subjects but it's all fart jokes. Bring it up a couple of notches people.
.
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