Despite attempts to feign humility, Jerome Powell presides over an institution that is incapable of understanding the limits of its power.
Pounds of Salt: The Fed’s Epistemic Arrogance
Pounds of Salt: The Fed’s Epistemic Arrogance
Pounds of Salt: The Fed’s Epistemic Arrogance
Despite attempts to feign humility, Jerome Powell presides over an institution that is incapable of understanding the limits of its power.