There is a guy on YouTube who studied economics and he became a trader on Wallstreet. His opinion is basically that the most realistic career option of an Econo

There is a guy on YouTube who studied economics and he became a trader on Wallstreet. His opinion is basically that the most realistic career option of an Economist is to work at a central bank or at an investment firm. The ones who work at the central bank can't criticise their employer. There was this Economist Richard Werner who has shown that the causality is from growth to interest. I.e. higher growth leads to higher interest. The problem is that this is at odds with the theory of the central bank lowering interest rates to stimulate the economy. It means that this policy tool is kind of meaningless. The Fed is just following the market. You can't publish this as an economist since it is basically saying "We are incompetent and we don't know what we are doing."