This interview did not increase my confidence in the Fed to effectively do their job of maintaining stable prices and maximum employment amid financial stability
All is clear that can be clearly expressed yet I compare economists to pilots flying on instruments only never looking out the window. Auto pilot may be trustworthy more dependable; it can also be unnerving. What if the instruments are not programmed to capture everything? Are machines actually more capable than an informed trained human? Does not radar pick up false signals, can it miss new forms of waves other non matter? I'd like to ask one question, would any of the measured data change and if so, when, were a world class event to occur next week?
Thank you Kyla.
If you're interested in my Jun CPI estimates with near-perfect track record so far, head here:
https://open.substack.com/pub/arkominaresearch/p/jun-2024-cpi-estimate?r=1r1n6n&utm_campaign=post&utm_medium=web
Great format
This interview did not increase my confidence in the Fed to effectively do their job of maintaining stable prices and maximum employment amid financial stability
All is clear that can be clearly expressed yet I compare economists to pilots flying on instruments only never looking out the window. Auto pilot may be trustworthy more dependable; it can also be unnerving. What if the instruments are not programmed to capture everything? Are machines actually more capable than an informed trained human? Does not radar pick up false signals, can it miss new forms of waves other non matter? I'd like to ask one question, would any of the measured data change and if so, when, were a world class event to occur next week?