@besttrousers @jdcmedlock @balajis In the Fed transcripts from 2005 onward, I would say that Yellen was among the most level-headed members, mostly because she recognized that it wasn't a bubble and that higher prices did not necessitate a crisis. I

Matt Darling @besttrousers · May 2, 2023

Good thread by @KAErdmann, responding to some of @balajis claims about the 2008 '"housing bubble".

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by Kevin Erdmann

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