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Is the Fed Getting Smarter About Inflation?
The Fed admitted this recently where they're like, we totally underestimated the usefulness of like soft data. And so I think that's really important to, to kind of pay attention to going forward. The Fed has gotten really smart about this stuff and you people like the shit on the Fed all the time but let's not get it twisted. They're like a bunch of like Ivy League PhDs with a bunch of really smart people working underneath them.