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fed

Original: fed on Saturday Morning Breakfast Cereal

Transcript

Panel 1: A man in a suit stands at a podium, gesturing as he speaks.
Man: "For too long, we at the Federal Reserve have looked to our caption-makers without considering real effects on the population. We have COMPLEX, we have MEANINGFUL lives."

Panel 2: The man points outward toward the viewer/audience, emphatic.
Man: "From now on, we are so not gonna want a bunch of equations to tell us!"

Panel 3: A close-up of a Federal Reserve announcement card / sign, reading:
"Interest rate rises 5%. Because coffee shop outside federal reserve is 'doing pretty good'."

Votey:
A flowing block of cursive-style handwritten text, beside a sketched drawing of a man with wavy hair leaning over (the caption-maker / economist figure):
"Being an economist is so much easier now that we base all of our analysis on stories we heard on podcasts."

Alt text

A three-panel SMBC comic. In the first two panels, a suited man at a Federal Reserve podium gives an impassioned speech about how the Fed should stop relying on cold equations and instead embrace its complex, meaningful human life, declaring they no longer want 'a bunch of equations to tell us' what to do. The third panel shows the resulting Federal Reserve announcement card: 'Interest rate rises 5%. Because coffee shop outside federal reserve is doing pretty good.' The joke is that the Fed has replaced rigorous economic analysis with vibes. Votey (aftercomic): handwritten cursive text next to a sketch of a wavy-haired economist reads, 'Being an economist is so much easier now that we base all of our analysis on stories we heard on podcasts.'

Transcribed by Claude Opus 4.8.