Earlier this week I reported that New York Fed President Bill Dudley owned over $1 million worth of Treasury securities whose interest climbs with increasing price inflation.
Now comes word that Dallas Fed president Richard Fisher owns over $1 million dollars of gold.
One has to ask, do these guys take themselves seriously as inflation fighters if they have these kinds of positions in their personal portfolios?
It's a damn joke. It's like going to a doctor who has taken out and insurance policy that pays off on your death.