I don't know how anyone can read this, via @pdacosta, and think that current Fed policy isn't a complete mess: http://bit.ly/1h44cZL
@jneeley78 I think you've missed the point. A sound policy is one that doesn't produce such concerns/mayhem, or prevent exit.
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@scottlincicome So if some Fed officials are concerned about a policy, that makes it unsound? -
@jneeley78 no, if you craft a policy with indefinite/malleable benchmarks, unknown effects/exits, and multiple, subjective decisionmakers
Fin de la conversation
Nouvelle conversation -
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RTS. You didn't read the article, did you?