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Why It's So Hard Being A Fed Decision-Maker

Tyler Durden's picture




 

"consistency"

 

 

Source: Omid Malekan

 

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Wed, 12/17/2014 - 14:01 | 5563726 ABG LINE
ABG LINE's picture

It's hard for some folks.

Wed, 12/17/2014 - 14:05 | 5563745 zaphod
zaphod's picture

If only all us individuals would just behave according to the FEDs models, instead of acting on our own, then we'd be able to have perfection and achieve the nirvana the NWO is working so hard for on our behalf.

Wed, 12/17/2014 - 14:06 | 5563756 Pinto Currency
Pinto Currency's picture

 

 

When you blow a debt bubble and it fails, you are stuck at zero interest rate in perpetuity.

 

Wed, 12/17/2014 - 14:11 | 5563787 kliguy38
kliguy38's picture

Depends on your definition of "blow"...........vs Steve Liesman's definition

Wed, 12/17/2014 - 14:17 | 5563821 Pinto Currency
Pinto Currency's picture

 

 

...or Bill Clinton's.

Wed, 12/17/2014 - 14:21 | 5563849 kaiserhoff
kaiserhoff's picture

Plenty of consistency, but you have to ask the right question:

  What maximizes income for Jamie and Lloyd?

Wed, 12/17/2014 - 14:46 | 5564005 Skateboarder
Skateboarder's picture

Wealth extraction and the slow-motion poisoning of the biosphere.

Wed, 12/17/2014 - 14:50 | 5564020 SoilMyselfRotten
SoilMyselfRotten's picture

Only job tougher than this is the price check person at the Dollar store

Wed, 12/17/2014 - 15:58 | 5564454 knukles
knukles's picture

That's just plain cruel
True, but cruel

 

PS  The other day I spent some time in a Dollar Store and several Discount Food Mart type places.  It was a bit depressing.  While it's damned good that there are quality products available are attractive prices, this is what it's coming to.  A few folks traipsing merrily through the Neiman Marcuses, a whole boat load of folks traipsing through sections of town spending their EBT cards and if unsatisfied, burning the places down then blaming somebody else for their malcontent, while the few who still work for a living (and I'm excluding the kids and folks captured in perpetuity flipping burgers, for that's nothing short of slave labor while the teeming others get the EBT's and the corporations get away with murder), it's all just become plain depressing which is trying to be offset (reality being offset) with propaganda.

Depressing view of reality from outside the matrix

Wed, 12/17/2014 - 14:26 | 5563871 SILVERGEDDON
SILVERGEDDON's picture

Bill stuck a cigar in the wrong hole. 

Even though it was Cuban, it still tasted like shit.  

Wed, 12/17/2014 - 15:14 | 5564166 worbsid
worbsid's picture

that was the one he gave to Arafat.

Wed, 12/17/2014 - 14:24 | 5563863 RaceToTheBottom
RaceToTheBottom's picture

We need a decider in chief....

/s

Wed, 12/17/2014 - 14:06 | 5563749 Pinto Currency
Pinto Currency's picture

-

Wed, 12/17/2014 - 14:21 | 5563843 max2205
max2205's picture

People who were 50 are now 60 and 60 are 70 and 70 are now dead

 

They are starving the old folks.....

Wed, 12/17/2014 - 14:26 | 5563869 headhunt
headhunt's picture

They are feeding them to the Mexicans and Cubans

Wed, 12/17/2014 - 14:32 | 5563924 TeamDepends
TeamDepends's picture

Soylent Green.........................it's only a matter of time.

Wed, 12/17/2014 - 14:25 | 5563866 blaireauhedge
blaireauhedge's picture

Wait... ZH told me GDP was crashing and unemployment skyrocketing!?

Wed, 12/17/2014 - 14:35 | 5563936 TeamDepends
TeamDepends's picture

You don't actually believe unemployment is 5.8%, do you?

Wed, 12/17/2014 - 14:47 | 5564004 Aeternus
Aeternus's picture

What happens when ZIRP ends? Or better put, what happens if ZIRP doesn't end?

https://www.youtube.com/watch?v=RCtzQRkrj0U

Wed, 12/17/2014 - 14:13 | 5563729 TruthInSunshine
TruthInSunshine's picture

Win!

That's an amazing algo!

Pull your big boy pants up & raise rates, Mr. Yellen!

http://www.staples.com/Staples-Easy-Button/product_606396

Wed, 12/17/2014 - 14:24 | 5563855 KnuckleDragger-X
KnuckleDragger-X's picture

Just in time for Christmas its the new Yellen Barbie"raising rates is hard!!!!"......

Wed, 12/17/2014 - 14:24 | 5563734 Debtonation
Debtonation's picture

New central bank documentary worthy of ZH audience:

Princes of the Yen

https://www.youtube.com/watch?v=p5Ac7ap_MAY

The party always comes to an end.

Wed, 12/17/2014 - 14:02 | 5563736 Uncle Sugar
Uncle Sugar's picture

Where is the 'girls with big boobs' trending stories go? I don't need a mixer.

Wed, 12/17/2014 - 14:06 | 5563740 kchrisc
kchrisc's picture

Fed decision maker:

"More theft or steal more?"

An American, not US subject.

 

Guillotine the Fed!

Wed, 12/17/2014 - 14:05 | 5563752 NoWayJose
NoWayJose's picture

The 2014 decision is whether to keep interest rates at Zero, or go back to the 2009 numbers!

Wed, 12/17/2014 - 14:04 | 5563755 101 years and c...
101 years and counting's picture

best.post.ever.  fucking hilarious.  fuck the fed.  

Wed, 12/17/2014 - 14:05 | 5563760 yogibear
yogibear's picture

Just keep printing and creating more debt until the economy gets better or blows up.

If the drug addict starts going through a withdrawal just give them more stronger doses until they die.

Wed, 12/17/2014 - 14:09 | 5563786 kchrisc
kchrisc's picture

However, the heroine addict is only destroying himself. The Fed is destroying the American people.

The perps will then "return," flee, with the loot.

Actually, they are already fleeing, as that is what the dollar run-up is all about.

An American, not US subject.

 

Guillotine the Fed!

Wed, 12/17/2014 - 14:07 | 5563766 Jethro
Jethro's picture

All of the numbers in the chart are lies.

Wed, 12/17/2014 - 14:31 | 5563916 JR
JR's picture

VIDEO:

Paul Craig Roberts – US Government Most Corrupt on Earth

Submitted by IWB, on December 17th, 2014

On the teetering economy and possible economic collapse, former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “We know something serious is wrong. The only provision of Dodd-Frank that has any teeth is the provision that says if the big banks are going to be casinos and gamble on derivatives, they cannot do that in the depository institution where depositors have their accounts. They have to farm it out into subsidiaries. So, if the subsidiaries get into trouble, the subsidiaries have no access to depositor’s money. This is the only real reform part of Dodd-Frank. Citigroup got put into the recent spending bill, the repeal of this, so banks can gamble on derivatives, and taxpayers and depositors are on the hook for the losses. Why would you do that unless you had a lot of derivatives trouble. It could easily be the oil derivatives. . . . The banks can gamble all they want and they are covered by the FDIC, which has no money. . . . This gives the banks access to depositor’s money. . . . This is sick, and it shows the United States government is the most corrupt government on earth, far more corrupt than Russia or China.”

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with economist Dr. Paul Craig Roberts.
http://usawatchdog.com/is-ruble-colla…

Wed, 12/17/2014 - 14:06 | 5563768 economessed
economessed's picture

That, my friends, is Liquidity Trap Exhibit A.

Wed, 12/17/2014 - 14:25 | 5563864 Seasmoke
Seasmoke's picture

I REST MY CASE. NO OTHER EXHIBITS NEEDED. 

Wed, 12/17/2014 - 14:09 | 5563772 Roger Shermanator
Roger Shermanator's picture

T-Minus 55 minutes away from the Fed Prophets coming down from Mt. Sinai and delivering to us the good news that there will no longer be a "considerable amount of time" before they raise interest rates... they just still don't know when [if ever] they will do it.  This should deliver a crushing blow to the evil barbarous relic that enslaves us all!

Wed, 12/17/2014 - 14:10 | 5563789 alexmark2013
alexmark2013's picture
6 yrs into economic recovery: America's wealth gap between middle-income and upper-income families is widest on record... 'worse than South Africa Apartheid' http://investmentwatchblog.com/6-yrs-into-economic-recovery-americas-wealth-gap-between-middle-income-and-upper-income-families-is-widest-on-record-worse-than-south-africa-apartheid/
Wed, 12/17/2014 - 14:14 | 5563804 delivered
delivered's picture

Slightly off topic but I just had to post this comment as it relates to just how stupid MSM has become. I was reading an article on MarketWatch about how the Europeans want their gold back. The author of the article starts out by stating in the second paragraph:

"Gold has no meaningful role in the financial system anymore". Ok, don't hammer me yet as this gets better.

Then to start paragraph number four, the author notes "is an insurance policy against a chaotic return to national currencies".

I don't care if you are a gold bull or bear, whether you believe in gold or not, but this type of reporting which blatently contradicts itself is so bad, misleading, and poorly written and structured that I'm appauled how it could even be published. I mean, you say it has no meaningful role yet is the ulitimate insurance policy. 

My vote goes to this dip shit being the absolute buffoon and moron of day. Here's the link:

http://www.marketwatch.com/story/europeans-want-their-gold-back-and-why-...

 

 

 

Wed, 12/17/2014 - 14:25 | 5563875 i_call_you_my_base
i_call_you_my_base's picture

Traditional media can't compete or make money in the digital space so they hire morons with no experience to write articles for very little money.

I looked at the author of what you mentioned, and he wrote this book: http://www.amazon.com/Death-Force-Matt-Lynn/dp/0755344952

Wed, 12/17/2014 - 21:37 | 5566248 Wild Theories
Wild Theories's picture

that explains it doesn't it

MSM only use fiction writers... non-fiction writers need not apply

Wed, 12/17/2014 - 14:13 | 5563806 alangreedspank
alangreedspank's picture

We dilemned some folks

Wed, 12/17/2014 - 14:17 | 5563825 WTFUD
WTFUD's picture

Yooz folks are so cynical; What with all the private commercial business experience inside the FED they're bound to turn this PONZI around by the 22nd Century.

Wed, 12/17/2014 - 14:17 | 5563828 kchrisc
kchrisc's picture

Another way to look at it is that after each crash at the end of each Fed Theft-Cycle (There is NO such thing as the "business cycle"), the Fed has to move interests rates down a bit to try and restore production levels. Just a little at first, and then larger and larger decreases over time as the Fed's thefts become more pervasive.

So one could say that the Fed has turned the interest rate into a "Fed theft monitor," and it is currently flashing "game over."

An American, not US subject.

 

Guillotine the Fed!

Wed, 12/17/2014 - 14:20 | 5563844 Seasmoke
Seasmoke's picture

TILT.

Wed, 12/17/2014 - 14:17 | 5563831 Squid Viscous
Squid Viscous's picture

what time do these omniscient kikes come out with their statement?

Wed, 12/17/2014 - 14:34 | 5563931 Al Huxley
Al Huxley's picture

2:00 Eastern.  Fade the gold mini-spike pre-statement by shorting the miners, if you're looking for a fun-filled casino bet.

Wed, 12/17/2014 - 14:44 | 5563981 buzzsaw99
buzzsaw99's picture

2:00 Eastern...

i'm on pins and needles over here. /s

Wed, 12/17/2014 - 14:48 | 5564006 Al Huxley
Al Huxley's picture

I know, right?  I wonder what she'll say today!

Wed, 12/17/2014 - 14:20 | 5563838 gcjohns1971
gcjohns1971's picture

What does GDP, unemployment, or the Dow Jones have to do with Fed Policy?

Nothing.

It is vaudvillian meaningless data to the Fed.

The Fed only really cares about its owner-bank's balance sheets, and those of the owner's primary debtors.

Wed, 12/17/2014 - 14:22 | 5563853 SILVERGEDDON
SILVERGEDDON's picture

The Fed loves you.

I did not have sex with that woman.

You like your health plan, you can keep your health plan.

Let me be perfectly clear.

Washington is the bought and paid for diseased whore of the world banking industry. 

And, chickens have lips. 

Only one of these statements is true. 

Choose wisely.  

 

Wed, 12/17/2014 - 14:33 | 5563921 Oldwood
Oldwood's picture

I fail to understand how they can or would allow rates to rise given the size of the debt. They have created a dead end canyon with the only escape sure death. Our death. Will they build a monument to these idiots like they did Custer?

Wed, 12/17/2014 - 17:49 | 5565243 J J Pettigrew
J J Pettigrew's picture

So, going to 20 Trillion is the only answer.

They probably will never do the right thing...let rates punish those who go into more and more debt.

That would be mean spirited.

No longer doe economics work....greater supply should depress the price of debt and raise rates...but that is so 20th Century

Wed, 12/17/2014 - 14:24 | 5563854 Bill of Rights
Bill of Rights's picture

We reduced some folks.

Wed, 12/17/2014 - 14:26 | 5563881 RaceToTheBottom
RaceToTheBottom's picture

Can you even have a model when all your data is shit?

Wed, 12/17/2014 - 14:27 | 5563882 orangegeek
orangegeek's picture

If I spent $85B of unleveraged USD per month, I could control interest rates too.

 

But at a burn of 1.1T per year, yellen's job description has now changed.

 

The US prime rate is set by the markets

 

http://bullandbearmash.com/about/us-prime-rate/

 

and the 6-month t-bill has QUADRUPLED since October - any guess  where the 3 month is going ...very soon?

Wed, 12/17/2014 - 14:46 | 5564001 JR
JR's picture

The primary investment goal for 2015 is capital preservation, not just for retirees, IMO, but for everybody. The smart people are saying hang on to what you have because we’re headed for the cliff. Even certificates of deposit, IMO, are smarter than the market now.

Reality from Shadowstats:

November Unemployment Rates: 5.8% (U.3), 11.4% (U.6), 23.0% (ShadowStats)

November Money Supply M3 Annual Growth Surged to Five-Year High

 October Annual Inflation: 1.7% (CPI-U), 1.5% (CPI-W), 9.4% (ShadowStats)

Third-Quarter GDP Headline Growth of 3.5% Should Revise to Below 2.5%; Fourth-Quarter GDP Activity Fair Bet for Outright Contraction

http://www.shadowstats.com/

Wed, 12/17/2014 - 14:57 | 5564057 Puncher75
Puncher75's picture

The right side of your ledger is fake.  If it were real, you'd truly see how easy the decision is. 

Wed, 12/17/2014 - 15:00 | 5564068 Puncher75
Puncher75's picture

When did our economy get reduced to listening on eggshells to a brain dead academic who has never even run a lemon-aide stand?

Wed, 12/17/2014 - 15:19 | 5564227 JRobby
JRobby's picture

Around 1973

Wed, 12/17/2014 - 15:01 | 5564082 Captain Chlamydia
Captain Chlamydia's picture

ZH forgot the  [SARC] tag. 

 

Maybe  Tyler could add it. Yellen could get confused.

 

Wed, 12/17/2014 - 15:13 | 5564157 Fix It Again Timmy
Fix It Again Timmy's picture

Any caveman can set interest rates up or down! Let's put the members of the Fed to the test - you have one year to create a profitable business and if you fail, you will be ISIS'd.....

 

Wed, 12/17/2014 - 15:19 | 5564208 JRobby
JRobby's picture

They put themselves in a no-win situation. So that is hard.

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