Posted by frtaylor on 23rd of Jun 2016 at 12:45 pm
Not offended, more annoyed by the noise, by the "if only
everyone would listen to me I'd have this all fixed in no time"
mentality. If you had some well-respected books on the subject, or
other real-world reputation as a major thinker in this area, etc.
that'd certainly separate you from the herd. As it is, there are
lay opinions all the way across the spectrum, and I don't see why
anyone should give more weight to yours anymore than the next
guy's.
Decision makers (politicians - yes, I know, ugh) really have
no choice but to put people with backgrounds and reputations like
Yellen's into positions such as Fed Chair. Otherwise, one guy is as
good as the next - how would you decide? Yes, there is plenty to
argue over regarding Fed actions! But to make remarks to the effect
that "this person is a total idiot"only tells us where you stand;
it doesn't forward the debate or change minds. That's all I'm
saying, and that's why you don't see me post my opinion.
Posted by stevieb294 on 23rd of Jun 2016 at 12:54 pm
With good, logical economics that has been proven to work within
this CAPITALIST society many times in the past and are being
ignored due to politics today... Yes, some people ARE economic
idiots, sir
Posted by frtaylor on 23rd of Jun 2016 at 01:06 pm
Look, man, I don't hate capitalism, and I am all for folks
having opinions. But pounding the table gets us nowhere. Don't
sweat it too much - I am not angry with you or anything like that
(no need to go with the whole "sir" thing, I'm sure we could have a
great time shooting some pool, etc.), I just find it beside the
point on a trading site.
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Not offended, more annoyed by
Yellen says recession odds are low
Posted by frtaylor on 23rd of Jun 2016 at 12:45 pm
Not offended, more annoyed by the noise, by the "if only everyone would listen to me I'd have this all fixed in no time" mentality. If you had some well-respected books on the subject, or other real-world reputation as a major thinker in this area, etc. that'd certainly separate you from the herd. As it is, there are lay opinions all the way across the spectrum, and I don't see why anyone should give more weight to yours anymore than the next guy's.
Decision makers (politicians - yes, I know, ugh) really have no choice but to put people with backgrounds and reputations like Yellen's into positions such as Fed Chair. Otherwise, one guy is as good as the next - how would you decide? Yes, there is plenty to argue over regarding Fed actions! But to make remarks to the effect that "this person is a total idiot"only tells us where you stand; it doesn't forward the debate or change minds. That's all I'm saying, and that's why you don't see me post my opinion.
I will tell you how to fix it, sir.
Posted by stevieb294 on 23rd of Jun 2016 at 12:54 pm
With good, logical economics that has been proven to work within this CAPITALIST society many times in the past and are being ignored due to politics today... Yes, some people ARE economic idiots, sir
Look, man, I don't hate
Posted by frtaylor on 23rd of Jun 2016 at 01:06 pm
Look, man, I don't hate capitalism, and I am all for folks having opinions. But pounding the table gets us nowhere. Don't sweat it too much - I am not angry with you or anything like that (no need to go with the whole "sir" thing, I'm sure we could have a great time shooting some pool, etc.), I just find it beside the point on a trading site.