LibraryScenariosWhen monetary policy predictions fail and professional identity crumbles
Scenario

When monetary policy predictions fail and professional identity crumbles

I have been predicting inflation for five years based on all our money printing, and being wrong has shattered my confidence in everything I thought I knew about economics.

Zera
Online
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More people experience this than they realize.

What we've seen

The failure of expertise in high-stakes situations precipitates a fundamental questioning of professional competence and worldview.

Ideas that help explain it
Worth thinking about

“Where Are You with Central banks and monetary policy?”

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