Disenchanted

I woke up grumpy this morning. I know, I know, it may come as a surprise to a couple of you, but that happens sometimes. Today’s frustration is the Federal Reserve. The day following a really great election, I feel like they’ve slammed me against their printing press.

Sure, the family stock portfolio is having a good ride up. (Ok, except for the fact I sold my Euros they other day. Boo me. Oh, and the stupid little bond ETF I put money into. This is where I smile sweetly and explain I’m glad the spouse and I have differing investment strategies. He’s winning this week.) But I can’t help but feel that stuffing $600 billion into the money supply is going to bite America in the backside down the road.

C’est la vie. It’s not like I actually have control over anything in my life anyway. We’re all basically along for the government ride.

Comments

  1. You have $600 Billion? I’m impressed.

  2. Hmmm. It seems that I failed to articulate in addition to being grumpy. Sorry.

  3. Let me interject a little sunshine on your cloudy day.

    It looks like Ron Paul will become Chair of the Financial Services Subcommittee on Domestic Monetary Policy. Ron Paul is a huge supporter of End/Audit the Fed.

  4. J. Strupp says:

    “It looks like Ron Paul will become Chair of the Financial Services Subcommittee on Domestic Monetary Policy.”

    Wow. Thank you for that. I think that’s the single most insane idea I’ve seen over the last week.

    Good lord.