>Maybe the question should be: why is it apparently so common for leadership to make wide ranging policy without arming themselves with the most basic data, whi

>Maybe the question should be: why is it apparently so common for leadership to make wide ranging policy without arming themselves with the most basic data, which should be easily available? LIRP/ZIRP prevented the market from weeding out businesses and practices that should have failed. Any time the business world seems incongruous with basic assumptions, LIRP/ZIRP is the culprit. Remember, maximum employment and 'stable prices' are our monetary goals. Not production or efficiency.