Here’s my challenge for Ezra K and the others over there. Your wonkery is unsurpassed and clearly you get the importance of what Yellen is yellin’ about. Me too. Paul K too. But I’m stuck on this note I got from a friend with whom I shared the Yellen speech who said, essentially, “great speech, too bad no one will listen to her.”
Assuming you agree, can you explain why that’s so, and much more importantly, what we should do about it? Can somebody…anybody…Bueller??