What The Lael Is Going On Here?

I’m all for transparency. The more information that investors and the general public has at its disposal, the better. But important criteria for transparency to be meaningfully useful is that the information provided must be at least somewhat organized and coherent. Otherwise, it can cause more harm and confusion than good. And when it comes to the Fed and their ongoing efforts at monetary policy transparency, it is an utter mess that is further damaging the confidence of already wildly distorted financial markets.

Please click on the link to read more of my article on Seeking Alpha.

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