“It’s patently absurd that we have 12 people that set the price of money. The price of money is the most important price in any economy. Because it drives capital allocation decisions which then drive the correct productivity and outputs as a result of you know you want to invest in the right type of things. If you distort the price of money you make mal investments and you’re wasting money on things that don’t make any sense. And that’s a cost to society.”
-Lawrence Lepard
Jeremie Irvine
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