Or is it just that the worlds economy is just too complex for a bunch of old bankers to actually get any forecasts right.........
I think that is closer to the truth gj
I think the Fed is out of touch, and after reading Alan Greenspans books, I'm more convinced that it is too inward looking.
From Trinh Nguyen......
I know ignorance is bliss but globalization requires us, if we truly want to understand markets, economics, society, climate change, and so on and so forth, to dig a bit deeper in the complexity that we have created for ourselves for the sake of efficiency. The bind that ties us.
She is really, really, worthwhile following for a better view of the world, not just the USA.
https://mobile.twitter.com/Trinhnomics?p=s
The Brains Trust-2022, page-1668
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