TheMoneyIllusion » Facing or creating?
During the 2010s, Jim Bullard was probably my favorite Federal Reserve bank president. David Beckworth has an interview with Bullard, in which he makes a number of insightful observations. As usual, I'll focus on an area where I seem to spot a difference of opinion:
Bullard: So, the mentality at the time [2020] was, still, that this shock was going