I've learned over the years that some people considered experts - particularly in the soft "sciences" - while very book smart, can be utterly clueless.
I like to call them "institutionalized" academia. Never ran a business and/or never worked a day in their life in the real world we peasants live. I have the same experience they are "clueless".
That's a Nobel Prize moment.
100% Helicopter Ben. 🧐
The Internet is a very inconvenient archive for people who are full of crap.
Yes, which is why it's tragic that so much digital history has been apparently forever scrubbed - particularly videos - over the past couple decades.
Yellen and Bernanke are smarter than all of us put together. We need to respect our betters.
I've learned over the years that some people considered experts - particularly in the soft "sciences" - while very book smart, can be utterly clueless.
I like to call them "institutionalized" academia. Never ran a business and/or never worked a day in their life in the real world we peasants live. I have the same experience they are "clueless".
why the need for the supefluous "or less" , so many numbers are less than 2
remember the video "the bernank" https://www.youtube.com/watch?v=PTUY16CkS-k
YIKES!
Is this why we all say "100 percent now"? I'm going to really try to stop.