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Non-Tech : Kirk's Market Thoughts
COHR 134.64+4.6%3:59 PM EST
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To: robert b furman who wrote (6126)8/22/2018 6:47:58 AM
From: Jerome  Read Replies (4) of 26421
 
Hey Bob,........what gives.???...

You have your head up your ass to think otherwise!
So everyone should think just like Bob thinks????

I'd say the return on saved money should be at least 1-2 percent over the inflation rate
I said it in a previous post....The FED is an independent government agency that does its best to stabilize our economic system. Your idea for monetary policy would be highly inflationary.

The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate. A full term is fourteenyears. One term begins every two years, on February 1 of even-numbered years.Feb 21, 2018
So even if the head of the FED is changed all policy matters are put to a vote. The head of the FED gets one vote. There will be no radical change in FED policy,...no matter who is the head of the FED.
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