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The Taylor Rule and the Fed
I think we ask way too much of the Fed. They have super blunt instruments. There's no way they can manage all the geopolitical risks and the climate risks and all the political stuff that, you know, we demand from them. And so I would, if I was king of the United States, I would probably, one of the first things I'd probably do is go into the Fed and say, how much of this can we reduce?