Even perfect telemetry would not magically allow the Fed to ameliorate the consequences of runaway Gov spending, which projects unearned/dishonest buds/purchases into the economy, displacing/confiscating the real and earned purchasing power and living standards of the population at large.
#Bitcoin
quotingWarsh: “Most of the data that central bankers and other government officials in the United States consume comes with old-fashioned survey methods.”
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