Bank presidents have embarrassingly embraced the impossible dual mandate—'running around embracing this dual mandate like little schoolgirls'—instead of telling Congress they cannot achieve it and asking to be given an achievable goal such as price stability, and they do so to keep their jobs.
normativepending
Speaker
Michael BelongiaEvidence Quote
“running around embracing this dual mandate like little schoolgirls”
Created: 6/15/2026, 9:37:51 AM
My Notes
Loading notes...