No skin in the game
Jun 09, 2022
Yellen and Bernanke illustrate the mistake of putting academics with no financial risk-taking experience in charge of decisions, in addition to the Skin in the Game Problem: “I was wrong” comes with NO punishment.https://t.co/NEgXyYXtvL
— Nassim Nicholas Taleb (@nntaleb) June 1, 2022
Yup. There's not even a cosmetic gesture of resignation.
Comments