Tim Duy explains.
My comment:
Two thoughts -
1) The FED totally abrogates its dual mandate with its intense focus on inflation. Their actions over recent years - actually, decades - makes it clear they have absolutely no concern for unemployment.
2) It's time to drop "disingenuous" from the lexicon. If the man is a liar, he's a liar, and deserves to be revealed as such.
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