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Brief Comment

It is always interesting to see how others perceive you. For instance, I wasn't sure what to make of this from Paul Krugman:

The monetary-policy gap between insiders and outsiders - between economists at the Fed and other policy institutions, who still seem eager to raise rates, and those of us on the outside, who think this is a really, really bad idea - continues to widen. This morning Tim Duy - one of the outsiders who, commenting from his perch at Mark Thoma's invaluable blog, has seemed most sympathetic to the urge to hike rates - joins the what-are-they-thinking…