tag:blogger.com,1999:blog-5713178645208582139.post3218010440009499213..comments2024-03-17T03:26:42.785-05:00Comments on Macro Musings Blog: Ad Hoc Monetary Policy ReduxDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5713178645208582139.post-79155263637658509332015-09-26T10:04:09.151-05:002015-09-26T10:04:09.151-05:00When will officials recognize that systematic poli...When will officials recognize that systematic policy, regardless of the details of specific rules, are better than discretionary power ... That would be a strong enough argument for any regulatory body, but for the FED, it seems even more important...Jose Romeu Robazzinoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-18362638464733745322015-09-24T16:28:25.306-05:002015-09-24T16:28:25.306-05:00Nice post David. To explore the counter factual, i...Nice post David. To explore the counter factual, if the Fed had voted to go ahead and raise rates, what would your post be about? Also, what if the Fed adopts a systematic neo-Fisherite policy. Would that be more concerning than its current ad hoc nature? Finally, I'm reminded of <a href="http://informationtransfereconomics.blogspot.com/2014/05/good-ad-hoc-vs-bad-ad-hoc.html" rel="nofollow">Tom Brownhttps://www.blogger.com/profile/17654184190478330946noreply@blogger.com