Tales From Normal, Mn.--FICTION

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Tales from Normal, Mn. Headline News---FICTION

Thursday, April 17, 2014

Fed Chief Says Speeches would be shorter if economy "Obeyed" Tales From Normal, Mn.: Fiction

Just got the tweet from the bass fishermen at Betty Lou's Coffee Shop in Normal, Mn....where all the coffee is double strong...and the whipped cream is no extra charge...the boys were all abuzz this morn about the speech of Janet Yellen in which she said: "“If the economy obediently followed our forecasts, the job of central bankers would be a lot easier and their speeches would be a lot shorter,” Yellen said. “Alas, the economy is often not so compliant.” The guys just loved it...One guy said: "The purpose of all the announcements is to promote confusion, not clarity...and the real problem is that economics folks just don't have the ability to be unwordy." Stay tuned...we will see how wordy Janet Yellen gets...
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