After receiving 30 vitamin shots in her butt to prevent collapse on live TV Janet Yellen is set to begin the first part of her two-day excuse-fest for why The Fed will not raise rates. Good luck Janet.
ftfy?
if i understand this correctly...
the FED has to pretend it will rise rates, to make it seem as tho the economy is doing better.
FED said that it would rise rates a few months back so now FED has to come up with excuses not to, somehow the excuse has to not imply the economy is in the gutter.
i'm sure it'll be easy as pie to come up with some believable BS.
how long can this flat out lying + tricky accounting hold the markets up? idk, but i'm leaning toward indefinitely... they can fuck with the rules how can they fail???
+ no one wants to see the collapse happen, making the FED job pretty easy, they make up BS and we are happy to buy it, and the reward is the show goes on, it's in no one's interest for the music to stop.
personally i think the whole thing is a shame, it all nonsense, a society of our size and technical know how should be able to organize itself in such a way that poeple need only work a few hours a day to live comfortably and everything run smoothly.
there focus is on how do we get more poeple working for longer hours for as many years as they can get out of us.
shouldn't we strive to have more leisure time??
they have us believing we're lucky if we work 9-5 for 45years
and they have us begging for more!
don't get me started on the "gender equality" thing, in my view this is yet another trick they used to 2x more work out of us slaves.
before women stayed at home and did "nothing" now we split the "nothing" and both go to work!
we got fucked royally!