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by mort96 1509 days ago
I was specifically talking about the last paragraph, that the solution is to not "meddle" in general. It's quite possible that the way interest rates are set is problematic, I'm not qualified to have an opinion on that. But clearly there are problems where meddling is necessary.
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Humans have a strong universal bias towards additive solutions, even when subtractive solutions are clearly better. I doubt regulatory policymakers are immune.
That's a non-statement. Nothing about what I have said assumes that policymakers are immune to any form of bias.
> Humans have a strong universal bias towards additive solutions, even when subtractive solutions are clearly better.

That's a very profound statement, are you kidding me?