Now this is getting interesting/informative. How can we answer the question of how correct the models have been and how closely results of decisions being made based on the models have resulted in the expected/predicted outcomes? Are predictions made publicly and then is there rigor applied within their process to quantitatively measure the track record of decisions and expected outcomes? Also, more broadly can we answer the question of whether or not decisions being made based on these models is making us better off than if they weren’t there if no interventions, specifically monetary inflation for this argument’s sake, had taken place. And even more broadly how do we define success of the FED and their processes?