Occam's Razor & the Fed: Keep It Simple, Stupid

The principle of Occam’s Razor suggests that we avoid unnecessary complexity. Yet, the Federal Reserve seems to thrive on entangling the U.S. monetary system with intricate policies and convoluted practices. This complexity not only burdens the economy but propels arguments for the Fed’s dissolution. With a simpler, more transparent approach, maybe the economy could be as straightforward as a ski jump—without the risks of brain-swapping goldfish, of course. Can we dare to shave off the complexity?