I find it quite an interesting coincidence that the Dallas FED president Caplan was pushing for tapering and interest rate increases and he somehow gets rewarded with being outed for having played the stock market to his benefit.

He was also concerned about inflation (AKA it’s not transitory).

I guess all the other FED presidents who played ball and supported Jay Powell get to keep their ill gained profits.

Decline of the American Empire.

https://www.bloomberg.com/news/articles/2021-08-26/fed-s-george-says-risks-from-delta-don-t-alter-taper-urgency

https://www.bloomberg.com/news/videos/2021-08-27/fed-s-kaplan-says-start-tapering-process-as-soon-as-possible-video

https://www.cnbc.com/2021/08/26/feds-kaplan-worried-about-inflation-wants-to-announce-taper-in-september.html