Tuesday, September 28, 2010

"That's why transparency is so important...

It isn’t because a central bank doesn’t know what it should be doing; it’s needed to make sure the central bank in fact does do what it knows it should be doing."
-- Sumner

And, by the by, another gem from the comments section:

"I think [so and so] has been consistent in having the same set of poorly though out inconsistent views, if that makes any sense."  -- Edwin

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