inflation

It's funny.... the job of the fed is.

• Price Stability.... inflation
• maximum employment.

I'm not going to argue employment with anyone.. ......

But with hedonic inflation adjustments it's obvious we have traded computers for health insurance.. in our Big box economy.... don't tell me that you thought a "Big box" economy was sustainable...

but how can the fed argue that they achieved either of the two goals...... The Fed policies have been a miserable failure at both...

To Lament the technicals more... yesterdays low was an "inside move" so we could always go higher and hit yet another high..... so Caution.......

time for me to look longingly out my window for the paper boy... and make some breakfast.