CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.

Monday, January 22, 2018

FED 2% Inflation Policy

I studied inflation extensively in college while taking an economics degree.   I dealt with inflation upon arrival in San Diego in 1979 when real estate prices were doubling every few months and gas rationing was rampant.

I have always felt that inflation should be ZERO per cent.

ZERO

Anything more is robbing all of us.   ALL Americans.

These academics at the United States Federal Reserve who actually believe 2% inflation is a grand target should be jailed.  How can they set a 2% inflation target that excludes as "transitory" what ALL Americans would deem to be necessities?




No comments: