“The first order thing for policy right now is to get inflation up to our objective,” Evans said at a financial literacy event in Green Bay, Wisconsin.Yes, we know that the Fed heads are obsessed with hitting the 2.00% inflation mark as if it were some kind of religious totem, but must they insult the common folk at a "financial literacy event" in Green Bay with the risible proposition that we don't have enough inflation?
Unhinged And Unrepentant—–The Central Bankers’ Demolition Squad
We are still doubled over with laughter about this one, hoping we can regain enough composure to keep typing. Thus spake Charles L. Evans, one of the most economically illiterate fools ever to serve on the Federal Reserve:
