oh no a person i like writes a very bad thread and makes me dislike democracy even more in the process https://twitter.com/pegobry/status/1076438119447228416 …
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Replying to @eigenrobot
Is having an independent central bank a good thing? I.e. both steps in “it’s better to have a central bank than not have a central bank” and “it’s better to have an independent central bank than a directed central bank”.
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Replying to @ITBeHa
I refuse to have macroeconomics opinions for the most part because I'm not confident I could do it correctly but the specific case of a democratically-controlled central bank is a recipe for disaster
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Replying to @eigenrobot
Oh, yeah. I guess you imagine heavy “cross of gold” style populism in this preëxisting infla^Wquantitatively eased climate?
1 reply 0 retweets 1 like
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