Monetary Policy
topic on 1 show · 2 statements across 2 episodes
2 statements about Monetary Policy, every show
Aitken: Central banks cannot identify restrictive policy until they have overtightened
“You have no idea what sufficiently restrictive monetary policy is until you are beyond it. That's the tricky thing. And if the Fed is genuine about risk management with regards to inflation, the Fed is incentivized to overdo it.”