Sep

17

Lacker, from anonymous

September 17, 2012 |

 I think Lacker is the most important Fed member next to Big B, not for his support, but rather for his dissent. (Aside: Can anyone name another member without checking?).

They need Lacker to the help maintain the appearance of objectivity. So the opposition can be duly noted then duly rejected. I heard Lacker interviewed recently and he is very smart, articulate and I am glad he is there for whatever reason.


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