$21 Trillion And Counting: Forget The Dot Plots—It’s QT, Stupid! (Part 3)

One of the worst ills of monetary central planning is that it has given rise t0 a laughable auxiliary of Wall Street economists who pontificate upon the entrails of the Fed’s Dot Plots. Typical of these is Neil Dutta, head of economics at Renaissance Macro Research, who had this scintillating insight for today’s Fed meeting pronouncements: “The […]
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