The Real Hole In Jackson Hole

“The hole in Jackson Hole is the total absence of political economy. You can fiddle with targets and acronyms all you want, but the real problems are structural and hence political. Even some Fed economists recognise this. As one example, consider this recent research paper: “Market Power, Inequality, and Financial Instability”. Its abstract argues:”

https://www.zerohedge.com/markets/real-hole-jackson-hole