How we feeling about the Fed meeting today?
How do y’all like this new buzz phrase? “Walk and chew gum?”
I find it interesting as that saying is usually used to comment on extreme incompetence…basically it’s obvious to all that we can’t expect the entity in charge of monetary policy (in charge of reacting to Economic conditions is probably more accurate) to gracefully handle anything of serious importance.
No one says “Holy Shit! This is serious…let’s get our best team on this ASAP! Oh, and Gene; make sure they’re ready to walk AND chew gum! I need the best after all.”
So, this being established as a central talking point perhaps shows us of a growing distrust at this centralized fail point.
This is important; what I see as one of the biggest barriers to Bitcoin entry, is seeing current systematic issues that Bitcoin was designed to rectify. That is a very dense point that I’m using extremely broadly; but, pin point accurately if I do say so myself.
Hopefully what we’re seeing is a more accurate presentation by civi-reporting due to growing interest that requires digging deeper than “it’s a government entity and thus infallible”
#plebchain