
Phil Suttle on the Inflation Combustion Model, the Fed’s Errors, and US Housing
Macro Hive Conversations With Bilal Hafeez
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The Fed Shouldn't Go to Seven Percent, I Don't Wanta to Go Too Crazy.
I was almost a rule that they were using implicitly, until ben bananke took over. And i've got a book in me that is a critique of modern, terrible macro policy making. I thinkis has been very, very, very corrosive opoa policy making. O onten polity, myyear. It pays to think more about how expansions developed pre two thousand eight, two thousand nine,. rather than to treat the last one ast rule. Tha's my basic point. and west dominite perfectly correct. If you look at the tailor oll did a fantastic job of i n in a sense, predicting the fat it was seen. But now we're entering a phase
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