Quote:
Originally Posted by mysticaltyger
And yet they might be wrong. People who are good at theory are not necessarily good when the rubber hits the road. When you're managing your own money, it literally registers differently in your brain.
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This is a classic misunderstanding of what economic is about, you want a money manager... hire an accountant. If you want to understand the implications of money policy hire an economist. Your argument is similar to those made by too many people who tried to equate balancing a household budget with marco economic policy. Either an economic theory works or it doesn't and economic theories are tested and retested on the road every single day.