一切都結束了, 所有都失去咗 or whatever language you want to put it in. Bloomberg: “Trump Says He Has Made His Choice to Lead the Federal Reserve”. As of 8pm CT today:
Just a reminder:
CEA Chair Hassett: US recession ‘impossible’ by summer next year
A Curiously Non-Quantitative Assessment of Deregulation Effects on Economic Growth
From 2010, Some Economists on the Conduct of Large Scale Asset Purchases
“Stuff Happens”: the Bush Administration’s Economic Stewardship
Deciphering Figure 1-6 in the 2019 Economic Report of the President
and from this blogpost, Hassett’s covid death projection:
As bad as the loss of monetary policy independence will be, keep in mind that there will also be a loss of regulatory independence. Miran and Bowman have pointed the way, but Powell is an impediment to “let ‘er rip!” deregulation. With Hassett, orany other felon-in-chief appointee, we’re looking at more financial rent seeking and then another credit crisis.
You can always tell when Hassett is lying; he puts on this silly grin right before he says something that is demonstrably false. It’s his tell.