What does the New Fed board do?

They are much less interested in setting interest charges, theyhave a spreadsheet.

But the New Fed Board will intensify its current effort to get a more representative sample of the domestic economy banked, its only definition. The Old Fed does that now, started with Bernanke, and is his good idea. Inherently, the New Fed increasingly relies on the Moore's Law jump to manage prequals and congestion pricing.

The New Fed role is thus, increasingly human and market oriented. It seeks the efficiency of more widespread banking of all types, but mostly the types denominated in tax dollars. Good deal for Congress, for banks, and voters. You have no choice, really, if we have a discussion about macro, we are self-sampling already. Remember, this is the science of local. finite things aggregating.