Jay Powell’s Stockholm speech lays it out with Gettysburg address clarity and brevity. Relative to usual central-bankerese it’s soaring rhetoric too. …Decisions about policies to directly address climate change should be made by the elected branches of government and thus reflect the public’s will as expressed through elections…. without explicit congressional legislation, it would be inappropriate…
Cheers for Powell
Cheers for Powell
12 Jan 2023 Leave a comment
in energy economics, environmental economics, global warming, macroeconomics, monetary economics Tags: climate alarmism, monetary policy
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