Jill Stein is running for President on the Green Party ticket. I believe that Jordan Weissman, of Slate's money box, did a fine job recently of chronicling some of the difficulties in taking her policy positions seriously. Yes, Weissman is probably in the tank for HR Clinton, and probably figures running down Stein helps save the world from Trump. Still, when he's right he's right. I'll simply paraphrase here one of Weissman's contentions, about Stein's ignorance of monetary policy. Student loans, she said, "should be canceled in the same way that the debt of Wall Street was canceled, essentially writing it off as a digital 'hat trick,' which is done in the form of quantitative easing.” Let's ignore this as a contribution to discussion of student loan. The point here is whether she knows an anus from a hole-in-the-ground in the realm of monetary policy. The conclusion is: she does not. I'm against quantitative easing. I think is a...
