Submitted by hyperchimpchallenger t3_119ahri in wallstreetbets
cletus_ t1_j9lfr3u wrote
Didn’t your grandad see it in the seventies when interest rates were north of 50% or something? Different fed now, I realize. As a man’s man, if Paul Volcker were alive today he would probably walk in to a meeting, sneak up behind Yellen and put his dong on her head just for laughs while lighting a cigar, then bust into another meeting, smack Jerome Powell and tell him 25 basis points are for pussies. I could then see him getting angry while watching mad money that evening, call up Cramer and tell him he’s an asshole because the shorts never closed and he’s going all in on GameStop. That’s what I look for in a fed chair.
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