Thursday, August 25, 2011

Stupid things the economic world does

For one weekend every year, the economic world turns its watchful eyes away from New York and Washington and to Jackson Hole, Wyo. This weekend, the Kansas City Federal Reserve will again host the annual Federal Reserve conference in the valley just outside Yellowstone National Park. Recent economic troubles have brought intense scrutiny to the meeting, and markets will be watching Fed Chairman Ben Bernanke's Friday morning speech particularly closely for the barest hint of future policy moves.Yahoo

Seriously, why do we do this thing?

Whenever central bankers do something stupid, taxpayers should withhold another portion of their taxes.

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