"REalistically calibrated models" Here's a 'realistically calibrated model:' STOP PRINTING SO MUCH @#$#@$#@$ MONEY!!!!
You see what he is saying is, we can adjust the inputs so inflation will always be under control, wink wink
"Here's a 'realistically calibrated model:' STOP PRINTING SO MUCH @#$#@$#@$ MONEY!!!!" Agreed. At some point the dollar debasement in order to bailout asset holders is going to be a real big political issue.