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It seems to me that it's a little bit of hubris to have human's running the Federal Reserve and setting monetary policy. It seems like the economy is this mass
by edmcnulty101 5y ago
It seems to me that it's a little bit of hubris to have human's running the Federal Reserve and setting monetary policy.
It seems like the economy is this massive system with virtually infinite moving parts that no one truly understands and the people at the fed just continue to poke it with a stick.
- colinmhayes 5y agoThat's why we have automatic stabilizers like ngdp targeting, which the Fed has recently embraced.