The Fed and The Goldilocks Zone

The latest FOMC meeting minutes reveal the delusional nature of monetary policy, with the Fed’s pursuit of an ideal economic state resembling a fairy tale. Their obsession with unemployment rates and hourly earnings reflects a misguided attempt to control outcomes. The notion of finding the perfect interest rate to achieve prosperity is a fallacy perpetuated by mainstream economists and media outlets. Despite market shifts and data interpretations, the Fed remains committed to returning inflation to their desired level. In reality, their attempts to control the economy are nothing more than an illusion of control, with the rest of their data serving little purpose in the grand scheme of things.