$Tesla (TSLA.US)$ Every time there's an FOMC meeting, I feel like it’s a bunch of people who are either incompetent or malicious plotting for their own interests! Who dares to say their suggestions were made out of national interest? All the asset managers in the global financial community who have been long this year have become lambs waiting to be slaughtered. They can only watch helplessly as these incompetent and malicious individuals repeatedly play dirty tricks, without any way to fight back.
What scientific basis is there for the 2% inflation target? Which year was that achieved? And if achieved, does that mean the economy is healthy? Was it growing at the time?
A group of idiots coming up with bad ideas. That’s my most straightforward opinion on the Fed interest rate meeting!