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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (121037)	7/24/2016 5:57:04 PM
From: bart13	Read Replies (2) \| Respond to of 218860

More officials are making it clear with more frequency and with greater urgency that they need help from elected lawmakers. In June, Fed Chair Janet Yellen told the Senate Banking Committee that fiscal policy had “not played a supportive role.” Nor are such appeals confined to the U.S. They’ve been a common refrain from officials at the European Central Bank. “Monetary policy cannot be the only remedy to our current economic challenges,” Peter Praet, an ECB executive board member, said July 1. “Instead, a broader set of actors needs to step into the breach.” Of course Central Banks want as much help as possible from other parts of the establishment to save their asses as more and more citizens find out how they've been screwed by them over the decades. There's also the unsanity of doing the same old activities again and again that have failed, as well as CBs being aware of the history of the "pitchforks and lamppost" activities of a pissed off populace, plus how spreading the eventual blame works for survival. As far as current monetary policy, given things like reverse repos and the current relatively low historical rates of growth of most monetary aggregates after recessions, my belief is that the Fed is barely trying. If they're really trying, why are the various mainstream measures of CPI been so low since the financial crisis? I'm not buying it...