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Brian spent a large chunk of his career in publishing with the Wall Street Journal. I'm going to take care of my family first. They want to be treated as an individual and know that you care about them and that you’re actually listening to them. Everything is super fast, easy to use, easy to update, and maintain yourself. .
Source: Wall Street Journal The UST carry trade was very simple. Unless you work at the company, there is no way for depositors to understand whether the company acts in a prudent fashion with their capital. It worked; but investors did not care to understand how it worked. The UST code was executed 100% as designed.
So, the Fed or any other central bank must act IMMEDIATELY if they believe deflation is on the horizon. Reality is irrelevant, and the number that people care about most is the backwards-looking CPI number. Words that might sound innocuous to the masses are sweet nothings to the Wall Street Journal editorial board.
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