Fed Economist: Bloggers are Stupid

I have a Ph.D. from The University of Chicago. Chicago's economics department is among the world's most illustrious -- and, needless to say, superior to Iowa's. For the record, I have nothing original or particularly constructive to add to our cultural dialogue about the economy.

As reference point, you might be interested to know that I am only now becoming a consistently profitable trader, after nearly seven years of unrelenting toil and well over $100,000 of losses.

The bottom line:

I can state, with authority, that our corn-Fed economist is a talentless hack. After all, it takes one to know one.
 
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