I’m not saying I’m against an algorithm. I’m saying that I’m against _only_ an algorithm. And we do want transparency and objectivity - nobody is denying this. I’ve worked with enough data to know that there are implicit biases, and just because data exists doesn’t mean it’s good. Let’s just say I’m skeptical that an algorithm alone can replace the Fed.

> although they use their gut feeling in the end.

That gut feeling check is pretty crucial, I think. Why not just work to make the Fed a more transparent org? And let’s say it is by an algorithm - will it be open sourced so it can be vetted?

Edit: also more crucially, who’s responsible when the algorithm fucks up?