Sir Barken Hyena writes:
So claims Tyler Cowen, and the blogger is Scott Sumner of The Money Illusion. I tried to read his blog for years and finally gave up, so I’m in no position to evaluate this. But if so, it’s an incredible moment, whatever you think of the Fed and QEIII. A single little known blogger turned monetary policy around from the force of his arguments, presented only on a blog. That’s quite something I’d say.