The real intellectual work in central banking seems to be creating new rationales that are sufficiently doctrinaire as you try to optimize for minimal short-term pain.
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To me: do you think yellen has a grasp of macroeconomic policy? Me: no, I do not.
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macroeconomics is worse than astrology, because it is less entertaining
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Is that a prequal for being President Janet?
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Amen. He does understand Twitter like a boss though.
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Macroeconomics is bogus.
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How present?
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