142: The Fed Doesn't Know Anything

Today, after the Fed's meeting and accompanying mealy-mouthed remarks, the AP published the following headline:

Fed signals it could increase or decrease stimulus

So almost four years after the end of the Federal Reserve inspired and fueled recession, which was a reaction to ultra accomodative monetary policy, Uncle Ben is telling us he doesn't really have a clue what is going or how to fix or the economy.  Jeeeus Ben!  At least lie to us a little and try to make us think your are not really as dumb as all the other idiots in Washington.  Instead, you tell us you can go both ways.  Gee thanks.  

Whatever recovery there has been since 2009 has nothing to do with the Fed.  It is simply demographics playing out.  More people need more stuff.