Bill Foster: “We were greeted with terrifying predictions that the stimulus spending would trigger hyperinflation.”

The good news is that macroeconomic policy is working as designed.

I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.

I guess when things are going well, as they currently are, it is all of our duties to look around the curve and see the risks that keep you up at night.

If you conclude, as you are actively studying it, that you need more visibility into certain areas of, particularly nonbank things that may be parts of the chain of contagion, please let us know, because it is our job to avoid the next…