Sunday, February 1, 2015

The Real Deflategate

The Fed has intensely debated
When interest-rate hikes should be slated.
Like a team I won't name,
They're playing the game
With balls that are underinflated.

With a mandate to find the right measure
Of balancing jobs versus treasure,
They're Patriots all,
But the Hawks want the ball
To be at the usual pressure.

The rate of the jobholding share
Is less than appears to be there,
As if it were tested
And then one suggested
To secretly let out some air.

In spite of the fear of inflation,
Wages display moderation,
Since it's hard to inflate
With a tumbling rate
Of labor force participation.

Says Yellen: "It starts to annoy,
In discussing the rate of employ,
The analogy calls
For playing with balls;
Is it something the fellows enjoy?"

"It seems to me, based on my role,
The economy's just like the Bowl:
The material might
Be flaccid or tight,
But the point is to get to the goal."

Deflation is an urgent subject in sports and the economy; while the American athletic world was roiled by the news that the New England Patriots may have won the AFC championship with unfairly deflated balls, the economic world is riveted by signs of deflation on many fronts. Oil and other commodities are seemingly in free fall; Germany reported headline deflation in the latest month; and in the USA, wages continue to lag the apparent improvement in employment rates. In spite of all this, at least some Fed officials want to begin raising interest rates; not because they see inflation in the present, but because they feel they can "see where the ball is going to be." In the view of the Hawks, inflation is always the greater danger.

The (Sea)hawks, meanwhile, are taking on the Patriots in today's Super Bowl contest, no doubt with properly inflated balls. With his well-known avian bias, Dr. Goose wishes them victory today, though when it comes to the economy we are all Patriots.

12 comments:

  1. You actually make it seem so easy with your presentation but I find this matter to be actually something that I think I would never understand. It seems too complex and extremely broad for me. I am looking forward for your next post, I’ll try to get the hang of it!

    ReplyDelete

  2. Absolutely fantastic posting! Lots of useful information and inspiration, both of which we all need!Relay appreciate your work.
    real estate broker salary

    ReplyDelete
  3. Since these banks work with what are typically "more dangerous" candidates, the result is the concentration for the application.
    Payday Loans ChicagoCar Title Loans Chicago
    Cash Advance San-diego

    ReplyDelete
  4. I felt very happy while reading this site. This was really very informative site for me. I really liked it. This was really a cordial post. Thanks a lot!. CEO Hospitality Soul

    ReplyDelete
  5. This is the place where we can get good collection of information, thanks for posting and letting us know...
    Best Online Software Training Institute | AngularJS Training

    ReplyDelete
  6. I have read your article, it is very informative and helpful for me.I admire the valuable information you offer in your articles. Thanks for posting it.. Condos

    ReplyDelete
  7. SpainForSale.Properties is an Exclusive Real Estate Agency offering Luxurious Properties For Sale and Rent on the Costa del Sol, such as: Luxury VILLAS FOR SALE IN LA ZAGALETA SpainForSale.Properties is considered one of the most trusted Exclusive Real Estate Agencies in Marbella, Costa del Sol and other “Prime Locations” in Spain.Live on the Costa del Sol and Enjoy a Luxurious lifestyle in one of the most beautiful places of the World.

    ReplyDelete
  8. Nice to read your article! I am looking forward to sharing your adventures and experiences. Bukit 828

    ReplyDelete
  9. SpainForSale.Properties is an Exclusive Real Estate Agency offering Luxurious Properties For Sale and Rent on the Costa del Sol, such as: Luxury APARTMENTS FOR SALE IN MARBELLA SpainForSale.Properties is considered one of the most trusted Exclusive Real Estate Agencies in Marbella, Costa del Sol and other “Prime Locations” in Spain. Live on the Costa del Sol and Enjoy a Luxurious lifestyle in one of the most beautiful places of the World.
    Luxury Properties For Sale in Prime locations of the Costa del Sol: Mijas, Marbella, Benahavis, Estepona ….

    ReplyDelete
  10. Positive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. Thanks a million and please keep up the effective work. The Hyde

    ReplyDelete
  11. I'm glad I found this web site, I couldn't find any knowledge on this matter prior to.Also operate a site and if you are ever interested in doing some visitor writing for me if possible feel free to let me know, im always look for people to check out my web site. Mayfair Modern King Albert Park

    ReplyDelete
  12. Nice post. I was checking constantly this blog and I’m impressed! Extremely useful info specially the last part I care for such information a lot. I was seeking this certain info for a long time. Thank you and good luck. canada foreclosure listings

    ReplyDelete

Popular Posts