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I was just looking at some of the material from the latest Fed fumble, which was the leaked files of the Fed’s projections over the next five years. What a joke! Just take a good look at one of the charts. It’s breathtaking how freakin’ stable things suddenly get in the future, isn’t it? These are supposed to be our best and brightest economists, everybody.
It was already a terrific day, and this just showed up in my mailbox as icing on the cake:
