[AndyJackson]

Try to hit that moving target.

Greenspan said there was no moving target. I suppose one is always entitled to the perspective that central bankers cannot see the trucks that will run them over until it is too late. Why have them then?

[groanup]

I suppose one is always entitled to the perspective that central bankers cannot see the trucks that will run them over until it is too late. Why have them then?

So you can spend your days second guessing them with the benefit of 20/20 hindsight?

[JasonC]

I've asked you to state the present truck, and you've ducked the question. The Fed has prevented M1 from growing at all for 3 straight years. You consider this recklessly inflationary. You claim it is easy to see "trucks". OK, how fast should M1 contract over the next 12 months, and why?