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I like Kashkari’s candor, and your views Helmholtz also, very logical and to the point. Thanks for sharing.
Couple this with the growth coming from inventory and its a contrived growth/inflation picture at best
Another Fed President having a stab at it …
Agree Kashkari is seeing conventional wisdom hasn’t worked recognizes that the Fed response is part of the issue and admits his own failings – I enjoy readings his work – thank you for providing the discussion.
The only lessons for Kashkari left to learn are psychological, he needs to develop a Yellen laugh, a Greenspan mock and a Bernanke condescending wink. Let’s hope Neel understands the ritual .
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