Tag Archives: The Federal Reserve

Anxious? Isn’t Everyone?????

The Scream – Wikimedia.org

Maybe you saw the study that came out a few weeks ago. About how anxious we all are? That we’re so anxious doctors should screen us when we come in for a checkup? I mean, this is news?

Think about it. COVID is still a threat, even though countries (except China) have mostly given up enforcing even basic efforts to contain it. And because people don’t seem the least bit interested in getting additional vaccine shots for winter – we’re probably all going to get it. Then there’s Putin’s war against Ukraine. And his repeated nuclear threats. And I’ve only just begun.

The stock market is falling with many stocks back in a bear market – down more than 20 percent as they were in June. Mortgage and credit card rates are soaring. Inflation – except for gasoline prices – remains stubbornly high. Rents are beyond crazy. Food prices are absurd. At the supermarket or even in a lowly diner. The Holidays are coming. What about the Thanksgiving turkey? Christmas toys for under the tree? Ye gods – what about the TREE???

And if all that isn’t enough – The Federal Reserve – and national banks of most advanced nations apparently intend to keep raising interest rates until the whole world slides into recession. Yah – THAT should help cool inflation – when only the rich can afford to eat. Do you think THEY’RE anxious??? Did they even ask any rich people in that study? “Oh hello! Are you anxious about your hedge fund today?”

And if all that isn’t enough – oh wait – I already said that. Well I may have to say it a few more times. Because there’s a soon to be HUGE hurricane bearing down – at this writing – on Florida’s Gulf Coast. And from there – who knows. The hurricane before – Fiona – ripped up Canada’s eastern seaboard last week. Nova Scotia and Newfoundland? Labrador? A hurricane???

Anxious??? We’re all out in front of our homes at night – baying crazily at the moon.
Most of us would be down at the local pub having a few cold ones, and then maybe a few more. Except who can still afford even one? Oh – yes. Those rich people who might be anxious about their hedge funds probably could still afford one. At least one.

Reading about that study did one good thing for my communal anxiety. After I stopped screaming, “Whaaaaaat??? You’re spending money studying WHAAAAAATTTT?” I started to laugh. A very loud laugh. And isn’t a good laugh perhaps the antidote to anxiety? I mean if we’re ALL anxious about – mostly – the same things — maybe we should just start passing that laugh around. You know – to the guy who is anxious about crossing the busy street. Or the woman who is anxious about having to go back to the office 3 days a week. Or that rich guy again who is anxious about taking the elevator up 45 floors to his pencil thin penthouse.

Maybe if we realize we’re pretty much all in this anxiety mess together – and we started a laughing chain – we could help each other a little. And then maybe we wouldn’t be yelling at each other so much about some of those really, REALLY big political issues. We might EVEN be able to get together to fix some of the stuff that’s making us so anxious in the first place.

I’m not sure the laugh would work for Vladimir Putin though. He’s so anxious about losing his hold on Russians that he still might nuke all of them along with the Ukrainians and the rest of us – just to be the last man standing. For a split second anyhow. But then again — does anyone know one of his henchmen? You could try…..