"Five Things Bryan Doesn't UnderstandI bet he was hired because he lies without conscience and enjoys it. Nobody climbs high in government by being stupid.
- What money is
- Price stability
- Exponential math
- Who benefits from inflation
- That Fed policies are responsible for asset bubbles that grow increasingly larger over time
That's one hell of a lot of things to be wrong about, especially for someone "big on getting our communications right".
But "right" for whom?
There is one more possibility: Bryan does understand some of those things, but instead creates nonsensical videos to keep his job or get bonuses.
It's a tough call, but all in all, I strongly suspect he was hired for his role precisely because he is a brainwashed believer in academic nonsense."
Monday, January 13, 2014
Federal Reserve
Criticism of Fed propaganda video targeted at children.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment