The Fed's future operating system *ought* to be on that agenda. But the Fed preempted any debate on that topic by announcing ;last month that it had made up its mind on the matter. The question is, why? Why not wait a few more months and hear public input?
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The obvious answer is they’re not interested in public input. Actually, at the Board and NY Fed, what people are thinking at the regional Feds is of no interest.
End of conversation
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its NGDPLT,isn't it?
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