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Some Unpleasant Monetarist Arithmetic (guest: Jim Leitner)

The Market Huddle

00:00

What Have You Learned Over the Last Two Years?

Jim Boulden: What have you learned over the past two years? Was, in essence, the question. I think the easiest way to talk about it is to solve this simple little puzzle that you will easily solve,. So it's almost like going going back to the three doors in the monte hall paradox. We will do something similar. If there are a hundred blue eyed people and a hundred browneyed people, and nobody ever discusses their eye collar. It's just taboo. Nobody knows their own eye collar. They can look around, see somebody else's, but it's just not done to talk aboutItad every night at 12 o'clock, a ship comes and,

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