Sunday, August 21, 2016

The Fed Launches A Facebook Page... And The Result Is Not What It Had Expected

ORIGINAL LINK

While it is not exactly clear what public relations goals the privately-owned Fed (recall Bernanke's Former Advisor: "People Would Be Stunned To Know The Extent To Which The Fed Is Privately Owned") hoped to achieve by launching its first Facebook page last Thursday, the resultant outpouring of less than euphoric public reactions suggest this latest PR effort may have been waster at best, and at worst backfired at a magnitude that matches JPM's infamous #AskJPM twitter gaffe.

Here are some examples of the public responses to the Fed's original posting: they all share a certain uniformity...

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We wonder how long the Fed pulls a "blogger Ben Bernanke", and starts moderating, if not outright blocks, all Facebook comments.



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