The Economic projections made at today’s FOMC meeting are straight from Fantasyland.

4.75%-5.00% Interest Rates in 2020?

That’s what one economic clown believes.

Did anyone bother to calculate interest on the national debt at even 4.00%?

Judging from the dot plot, it appears the Fed is thinking about a recession or a perfect landing sometime in the “longer run”.

All this stuff is pure silliness.