Worse than that they have no more idea of how to manage the economy than the politicians do. Manual Interest rate targeting doesn’t work. It has delay harmonic

Worse than that they have no more idea of how to manage the economy than the politicians do. Manual Interest rate targeting doesn’t work. It has delay harmonics for starters, doesn’t get rid of unemployment over the cycle and the people making the decisions won’t make the hard choices when needed any more than politicians will.