Fed Basing its Actions on Models That Are Obviously and Absurdly Wrong

“The middle class and the poor will pay a massive price.”

(From Real Clear Markets)

The statistical sanitation engineers said the economy was in fine shape…also said the virus, even with heavy mitigation efforts, would quickly overwhelm the healthcare system. Putting faith in the latter and because of the former, we’re left with a gigantic mess their numbers now say will in short order become nothing more than an unpleasant memory.

https://www.ac2news.com/2020/04/fed-basing-its-actions-on-models-that-are-obviously-and-absurdly-wrong/

THE ARTICLE:

It’s Decidedly Not the Math. It’s Always People

https://www.realclearmarkets.com/articles/2020/04/17/its_decidedly_not_the_math_its_always_people_489344.html