You Don't Know What You Don't Know!
Money Metals' Weekly Market Wrap Podcast · Money Metals
July 24, 202433m 36s
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Show Notes
You don't know what you don't know.
And that can be a big problem if you're an investor or a central planner.
In this episode of the Money Metals' Midweek Memo, host Mike Maharrey talks about the "knowledge problem" and explains why it, along with hubris, is the Achilles heel of central planning. He applies this truth specifically to Federal Reserve monetary policy with the help of an interesting history lesson.