ironically this has that insight-y feel but I don't really understand what you mean
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I digress in ten directions, when, say, a friend asks what the fuck the newspaper means about the Fed raising the interest rates. Umm, okay, interest rate is __. But wait, should I relay the Old keynesian, monetarist, New keynesia, Post keynesian or Austrian explanations?
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What do we even MEAN by 'interest rates' ? Does the newspaper mean anything at all except the Fed announcement? I'm not so sure it does.
End of conversation
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