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Jim Cramer Has Finally Had Enough Of Fed-Haters Like Kyle Bass

Sep 24, 2014, 21:02 IST

CNBC's Jim Cramer has had it with Fed haters.

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On Wednesday morning, Kyle Bass of Hayman Capital, a noted bear on central bank policy in the US and Japan, appeared on CNBC's Squawk Box.

Among other topics, Bass talked a bit about the Fed's benchmark interest rate, which is currently pegged at 0%-0.25%. Bass said it's possible that rates never get back to "normal," which he sees as around 4%.

The math behind raising rates, however, is a bit daunting for the federal government, with Bass saying that for every 1% the Fed raises overnight rates, the cost for the US government to service its debt increases $150 billion.

Following these comments, Cramer took to Twitter, firing off a series of tweets venting a bit about Fed haters, hedge funds, and the idea that no matter what the Fed does, some people will always think it's wrong.

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Cramer is always animated on Twitter, and of course on the air. But it's unclear why Bass' comments really got Cramer going: is there something else about the Fed-haters that's eating Jim Cramer?
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