My one disagreement with the Fed always is the asymmetry in treatment between different classes of people.

Someone in an underbanked population can mess up once, and liquidity is frozen on them for life.

On Wall Street, the slightest panic can get you infinite liquidity.

I’m not a Fed truther or a Fed fan boy. I’m in the middle between nerding out to Fed news and confused by their preferential treatment.

I don’t think extreme wealth inequality is a random event.

I also think jpow has done a marvelous job considering the hand he was dealt.

The point im making is the Fed is never there to help anyone in the hood.

But they’re always there to help someone out who’s assets might go from AAA to BBB.