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Some Seriousness In The Beige Book Of Silly

Summary:
I confess to following the Beige Book lately for mostly entertainment purposes. It was always an exercise in intellectual vanity, an opportunity for Fed Presidents to cram into it their own biases. But to see the FOMC just abandon the LABOR SHORTAGE!!! like they have, that’s not strictly about amusement; though it is to some degree morbidly satisfying just how obviously lacking in conviction they’ve been. https://davidstockmanscontracorner.com/?p=324705&preview_id=324705&preview_nonce=1f8d86132f&preview=true

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I confess to following the Beige Book lately for mostly entertainment purposes. It was always an exercise in intellectual vanity, an opportunity for Fed Presidents to cram into it their own biases. But to see the FOMC just abandon the LABOR SHORTAGE!!! like they have, that’s not strictly about amusement; though it is to some degree morbidly satisfying just how obviously lacking in conviction they’ve been.Some Seriousness In The Beige Book Of Silly

https://davidstockmanscontracorner.com/?p=324705&preview_id=324705&preview_nonce=1f8d86132f&preview=true

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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