People just assume they must have a deep understanding of economics and monetary policy to get a job heading up the Fed. But in reality, the reason they rose to that position has more to do with political connections than economic competency.
Exposing Media, Political, and AI Bias - Fair-Use Open-Source Intelligence
People just assume they must have a deep understanding of economics and monetary policy to get a job heading up the Fed. But in reality, the reason they rose to that position has more to do with political connections than economic competency.