Reader comment on: The Fed Buys TIPS
Submitted by inkerton (United States), Nov 4, 2010 19:07
This is hilarious; I mean your post. Do you know how thrilled the Fed is to hear you write these words? Seriously, what better way to get inflation STARTED again, and to calm short-term deflationary tendencies, than to buy some TIPS and get people like you writing articles like this. Brilliant!
Remind me to play chess against you sometime, bud, for money. Are you also one of those folks who tailgates me when I'm gliding up to a red light, and then whips around me, accelarates wildly, and then slams on breaks and sits there waiting at the light until I come softly to a stop behind you?
...on the other hand, maybe your genius is deeper than I can know, and you are on board with the Fed, whereas I, the simpleton, am spoiling it all by laying bare their scheme! So hard to know, hard to know.
(Actually, I have no clue why they did what they did, but I think my guess is better than yours.)
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