Climate change is just the kind of "shock" to the economy that the Federal Reserve can no longer ignore, Fed Governor Lael Brainard said Friday. Not only are there short-term natural disasters like the wild fires in California to consider, there are potential longer-term implications as well, she said.
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Stochastic weather events have always been the scourge of economic prediction. Their potential effect needs to be factored into economic forecasting.
If the FED starts enacting a liberal climate change fiscal policy, it will be dissolved within the year. ManMadeClimateChangeIsALie
I'm more worried about the economic shock if one of the lunatic Dems get elected.
how about a president who agrees?
Wtf
Cali is not a natural disaster. It’s a leftist environmental mentality to stop raking and maintaining forest floors of dead wood as part of forest mgmt. Funds were diverted by the govt for illegal aid. The Fed is sticking their nose where they shouldn’t and it’s gonna get cut off
GEEZ ...... climate has been changing from the beginning of earth's history - and these geniuses are just now catching on to it? EndTheFed EndTheFed EndTheFed EndTheFed EndTheFed EndTheFed EndTheFed EndTheFed EndTheFed EndTheFed EndTheFed EndTheFed EndTheFed NOW!!!!!
BS - better work on figuring out what the heck is going on in the Repo market.
It’s so crazy, the US Military, NASA and now the FED all openly cite climate change as a threat. Meanwhile half the country still thinks it’s a hoax.
The ice age?
You mean the very partisan left winger appointed by Obama?
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