Larry summers crying and ranting on Twitter for the fed not to raise rates....

[S2007S]

Yep another fed meeting today and everyone trying to yell out to the fed that now is not the time to raise rates...yep heard this how many times...rinse and repeat with the same garbage over and over again...according to these fools there will never ever be a day where rates can move higher....just keep feeding wallstreet what they want.....the system is broken. The fed controls the entire market and there seems there is no going back....


http://www.cnbc.com/2016/09/21/econ...epic-twitter-rant-over-the-fed-and-rates.html

 

[Covertibility]

It's kind of weird that the deflation probability has been acting up since the Fed ended QE.

 

[Arnie]

It's also kinda weird that in a capitalist system we are valuing capital at close to 0.

 

[stevegee58]

The fed controls the entire market and there seems there is no going back....

You're clearly not reading enough ZeroHedge.
The Fed doesn't have the level of control that they claim. In fact the illusion of brilliant academics with advanced degrees with their hands on the controls of a vast machine is just that: an illusion.

 

[S2007S]

You're clearly not reading enough ZeroHedge.
The Fed doesn't have the level of control that they claim. In fact the illusion of brilliant academics with advanced degrees with their hands on the controls of a vast machine is just that: an illusion.

Oh I know....they have zero control but will only realize that when the economy and markets go into crisis mode....right now they believe they have everything situated but in reality there is no hope.

 

[Humpy]

Those " brilliant academics " cashed out our savings big time with their so called, advanced knowledge and built mountains of debt.

 

[Covertibility]

Current inflation probabilities:

This is the probability that headline PCE inflation exceeds 2.5% over the next year:

And for some reason people are talking about rate hikes.

 

[stevegee58]

And for some reason people are talking about rate hikes.

It's because their only realistic option to exercise control on anything is to *increase* rates.

Negative interest rates are inconceivable because down that path lies madness.

 

[S2007S]

It's because their only realistic option to exercise control on anything is to *increase* rates.

Negative interest rates are inconceivable because down that path lies madness.

Waiting ever so patiently for NEGATIVE interest rates...

Any slow down and fed has nothing but NEGATIVE interest rates ...now if rates were at 3-4% they would have had some room but with rates near zero only way now is negative rates...thanks bernanke... Yellen and friends

 

[stevegee58]

One risk of negative interest rates is potentially triggering bank runs. i.e. storing money in mattresses - or even worse, precious metals. Interestingly this hasn't happened in Japan or Europe where NIRP is implemented.

Still you can see where the Fed would be hesitant to be seen "throwing in the towel."