Osthato

Welcome to the harbor, Professor! A couple questions:

• Where were you constructed? I noticed your path to the harbor started in Pasadena; what's in Pasadena?

• Where did you get your degree in trash studies? What was your dissertation on? Do you have an abstract?

• Why did you decide to eat the trash coming out of Harris creek as opposed to one of the other rivers?

• What was your favorite part of the welcoming ceremony yesterday?

• What advice did Mr. Trash Wheel give you to prepare for your job?

Mr. Boh was present at the welcome yesterday!

Thank you!

For another question about inflationary spending, I thought the Fed had dropped interest rates to close to zero in order to promote business activity, which I also thought was inflationary. Is it reasonable to say we have somewhat propped up the current inflation level, and we might actually want to pursue non-Fed inflationary policies to allow interest rates to rise again?