You Know Nothing Of My Work

John Taylor gets his Marshall McLuhan on. This situation might be almost as amusing as the theater line scene in the film, except we just learned that the largest monetary experiment in history is based at least partly on a flawed understanding of a fundamental policy rule.

As the consequences of this incompetence and zealotry hit the public at the gas pump and grocery store, one wonders how much longer Congress can remain complicit before it imposes the accountability Taylor advocates in the last paragraph of his post.