First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2024/07/24/the-knowledge-problem-and-monetary-policy-you-dont-know-what-you-dont-know-003334
<p><img src='https://www.moneymetals.com/uploads/content/you-don-t-know-what-you-don-t-know-social.jpg'/></p>The &quot;knowledge problem&quot; coupled with hubris is the Achilles heel of central bank monetary policy.