It's Recess-time Somewhere

Proud Member of the Reality-Based Sandbox

May 25, 2005

Oh, That crazy Fed

Yesterday we read about 'frothy' housing markets, and today we have discernable "upcreeps" in inflation measures.

Next thing we know, we'll be reading about wedgies in the Producer Price Index, queefs in the Trade Defict or the taint between Supply and Demand.

I know some people think Greenspan is a hack, but at least he keeps us on our toes.