Do I belong in an insane asylum? Or should I be on the FOMC (with
Hall, Thompson and Svensson?) Damned if I know. This blog is either
grossly overrated or grossly underrated, but it ain’t average.
The best paragraph I read today
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The best one I read today is from a Washington Post flier:
“Interact with key Obama Administration and Congressional leaders . . . Spirited? Yes. Confrontational? No. The relaxed setting in the home of Katharine Weymouth assures it.†
The best sentence I read today:
“Even a cursory review of the FOMC’s history suggests that it believes its mission is to administer random financial shocks to the U.S. economy.”
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