By Trish Regan
THE FED'S VIRTUAL REALITY
Have you had the chance to go on the virtual reality ride at Epcot Center called Soarin’? It’s nothing short of incredible. You seemingly “soar” across oceans... feeling the sea mist spray your face as seagulls sing in the distance. You tour the wonders of the world, even flying high above the pyramids of Egypt. It’s as though you’re really there... The ride is in many ways an astonishing glimpse into our future... Virtual reality, or VR, will have the power to influence us and our experiences in amazing (perhaps even terrifying) ways. Meanwhile, back here in the real world, the Fed is playing with its own kind of alternate reality. This team of Federal Reserve bankers has managed to create a VR experience to rival Disney’s all on its own... designed to convince investors they too can keep on soarin’. And soar we have... The markets are at all-time highs with all indications suggesting they could move even higher still.
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American Consequences
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