Put the Hillary hate on hold. The hell with Huckabee. Let them all argue about who wants change without telling us what the change will be. There's only one story this morning. The Fed lowered interest rates by the most in two dozen years and nobody cared. Servers at financial reporting web pages were swamped at the opening and Bloomberg is all but inaccessible. People all over Florida with its high proportion of retirees, are wondering about cat food - is it what's for dinner this year?
It's going to be a long day.
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The Fed created the problem, then purports to fix it. This is a set up for even worse shenanigans to come.
And attempts to fix the problem we got into with cheap money with creating more cheap money.
It's going to be a long year.
It's going to be a long century.
This is akin to curing the symptoms of heroin withdrawal with more heroin. At some point, the patient overdoses.
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