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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
“Forward Guidance “, terminology from the Federal reserve’; another piece of useless, mind-boggling terminology. Or do they also offer ‘Backward guidance’ as edicts for the banks? Marvelous! Best uttered fast, and in a squeaky voice, designed to impress as as some expert’s brilliant ‘software equivalent system re-programming’. Juggling might do as well as a term we can easily understand in our debt-inflation economy. But no, too transparent.