|Photo source: Wikimedia Commons/U.S. Federal Reserve|
His piece is a model of clear and concise writing on economic policy--a topic that is subjected all too often to muddled prose. He avoids buzzwords and highly technical jargon, offers straightforward justifications, and effectively addresses counterarguments.
None of us knows whether the Fed's move will work. But we can at least take a bit of inspiration from the clear writing of its Chairman.