"Optimal decision-making should never be the goal of monetary policy. It just isn't possible...The best the Fed can do is to follow a monetary policy rule when setting interest rates." - @JaiKedia via @barronsonlinebarrons.com/articles/feder…
“His learning is too often borrowed, and his arguments are too often his own.”
-Edward Gibbon with an all-timer of a scholarly burn, *The Decline and Fall of the Roman Empire*, Chapter 28, footnote 53.
WOW -- Danish reporter *goes there* with Mark Rutte
"You sit next to Donald Trump at moments when he talks about conquering Greenland, talks about lashing out at allies like Spain -- things it doesn't seem like the old Mark Rutte would approve of. Does this have any affect on
"The main value of a trade agreement isn’t that it lowers tariffs but that it eliminates doubt." Great WSJ piece on USMCA by my old grad school friend @Dave_Hebert.