SO WHICH IS IT?

 When you're hot you're hot and when you're not.... So which is it Ms Yellen?

Well, if you're a member of MSM's useful idiots society, you follow your orders. And apparently the new orders call for living with a ongoing hot economy. But one not hot enough to cause a piddling 25 basis point rate hike. At least not now.

If that's sounds like a flip from a recent flop about hiking interest rates, you're hot on the trail. This is the same woman backed by her bureaucratic henchmen at the Fed who told us just a few months ago to expect four or five rate hikes this year.

 The WSJ headline after Chairwoman Yellen's speech in New York yesterday was "Market Applauds the Fed." She went on to say the global and economic horizon looks more threatening than before, this so close after her celebrating what many know are phony job numbers. Once upon a time this same lady claimed the Fed didn't put much emphasis in their decision making on global numbers.

So, Ms Yellen, play your fake more transparency game and tell the American people what really happened at the recent G20 meeting. For what economy are you now sacrificing the people of America's economic future, China, Japan, The EU or all three?

There's clearly a lot of confusion in the House of Eccles. But that's no longer the question. At what point, Ms Yellen, does that confusion surpass just misinformation and become outright lying to the American public?

There's a reason Ms Yellen omitted negative interest rates from the Fed's monetary toolbox. Several other central banks are already playing that flute. Someone has to play the foil to balance that balancing act. Okay! But the American people whose economic future and well being you and your cronies hold in your bureaucratic little hands have a right to know.

So which is it?