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Alan Blinder: An Independent Fed Isn’t 'Loco,’ It’s Effective


Unelected technocrats are exactly the type of people you should want making monetary-policy decisions. Who would you trust with the nation’s monetary policy, Donald Trump or Jerome Powell? One is a bombastic, narcissistic former real-estate developer who thinks interest rates should always be lower than they are—unless Barack Obama is

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Posted: January 23, 2019 Wednesday 07:02 PM