Why are we not at all surprised by this study’s findings?
Given this revelation, we found this line on the Fed website highly ironic:
“The Federal Reserve Board employs more than 500 researchers, including more than 400 Ph.D. economists [what do they all do?], who represent an exceptionally diverse range of interests and areas of expertise.”
We have two reactions:
One, define “diverse.”
Second, Mr. Trump, drain this swamp.