The Keynesian Recovery Meme Is About To Get Mugged, Part 1
![The Keynesian Recovery Meme Is About To Get Mugged, Part 1 The Keynesian Recovery Meme Is About To Get Mugged, Part 1](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/d1dc91a9f0f95c80c4ababdd6cb7bf81-1280x1239.jpg?itok=oWezFGRB)
Submitted by David Stockman via Contra Corner blog,
Yellen said at least one thing of importance last week, but not in a good way. She confessed to the frightening truth that the FOMC formulates its policies and actions based on forecasts of future economic developments.