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Who should we listen to?

TheMoneyIllusion          3 November 2015 04:00 PM

A quick comment on the current discussion over the seemingly low natural rate of interest.  Perhaps we should put more weight on the views of those who, in retrospect, have been right about the macroeconomy: 1.  Those who, at the time, thought that Fed policy was too tight in late 2008 (something that Bernanke has ... Continue reading →

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is4junk 3 November 2015 07:03 PM

I love it when economist claim to be right all the time but don't show their stock portfolio. Its like the guy who claims he had all the good inventions a decade beforehand but didn't bother to implement them. But that really is the trick isn't it, knowing when you are actually right rather then maybe right.