Jonathan Chait: “A little over two and a half years ago, Stephen Moore appeared at a conservative panel on the election and the economy, where one questioner asked about monetary policy. ‘Well, you know, I’m not an expert on monetary policy,’ admitted Moore, before proceeding to deliver an answer bearing out this very confession.”
“Moore could casually admit his non-expertise in the subject because, at that moment, it was impossible for anybody in the room, least of all Moore, to imagine that one day he might be nominated for a position on the Federal Reserve Board… Yet here we are.”
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