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[RT] FED IS DEAD (brain dead)



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2 year Treasury notes at rates last seen in 1958 !! Hello: can you spell
D-E-F-L-A-T-I-O-N ???
The FED can't....they never thought it could happen !! They can't handle it
!!!
Why not ? : 30 years of handling inflation....and they don't know what to do
!!!
The FED is torn between causing even more of a panic in reducing short term
rates below 40 year lows....
and adding more needed liquidity.

What should we do ?
Answer: send the FOMC to JA-PAN.




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