remmelt …I was wondering about whether I had misinterpreted OpenPhil staff’s opinion being that rich people have been indirectly influencing the Fed towards a more hawkish stance
Yes, at least what I wrote was too simplistic. Just found a claim on advocacy they made in their 2014 write-up:
A number of people who we spoke with noted that most advocacy on monetary policy tends to come from people who are skeptical of the Federal Reserve and want to focus on limiting inflation or return to the gold standard
Yes, at least what I wrote was too simplistic. Just found a claim on advocacy they made in their 2014 write-up: