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Jun 1, 2023·edited Jun 23, 2023Liked by Brian Romanchuk

I don't see any comments yet, so here goes.

As for specific policy analysis, there's moving decision making away from a balanced budget framework and to a balanced economy framework. The last Congress seemed to for a while move at least the framing in that direction (result: record surplus leading into high prices).

As for "falsifiable," that monetary policy is ineffective: it's hard to imagine anyone not born yesterday who hasn't come to the conclusion that not only hasn't the F.R.B. "agency" been effective at combatting fifty years of rolling boom-bust cycles, but, it must finally be apparent looking back over fifty-years, a leading component cause of them.

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