Bad link. just gives me a blank screen.Pilt, I have wanted to read this book for a long time. The problem is I’m not educated on monetary policy (as I’m sure you can tell!) and this book intimidates the hell out of me that I’ll be lost within two pages. Have you read it? I won’t ask for a review because I suspect you disagree from cover to cover. But I’m wondering if you think an uneducated layman such as myself would understand what he’s saying?
Monetary policy is pretty easy to understand if you realize that from like 1970 to 2010, monetary policy was just controlling the short term interest rate on treasuries via setting a price that the FED would buy and sell those short term securities at.