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News Link • Federal Reserve

Why Fed Chair Powell Is A Laughingstock

• https://www.zerohedge.com, by EconomicPrism**Q**s

But are they in high demand? As far as we can tell, hardly a soul among us gives much of a rip about any of them.  Instead, nearly everyone wants things to be more muddled, more complicated, and more crude with each passing day.  That's where the high demand is.

One can always meet the perils of overweening bureaucracy with pretend happiness… [PT]

For example, executing and delivering work in accordance with the terms and conditions of a professional services contract these days is utterly dreadful.  The real work is secondary to fake work, trivialities, and minutia.  Superfluous paperwork and an encumbrance of mandatory web-based tools are immense time and capital sucks.

While each T & C may have been developed for one good reason or another, over time, they've piled up into something that's an unworkable mess.  But like tax law, or local zoning codes, they must be followed with arduous rigor.

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