The pseudonym "Philo Vaihinger" has been abandoned. All posts have been and are written by me, Joseph Auclair.

Wednesday, February 10, 2016

Is she stupid? Or actually malevolent?

Janet Yellen tells Congress to expect more rate hikes despite market turmoil

The market is terrified of slowing growth turning into outright recession.

Rate hikes are growth retardants.

Nitwit move.
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