COMMENT: THE STRANGE JOURNEY OF MONETARY INDICATORS.

This article presents a comment on the article "The Strange Journey of Monetary Indicators." The author discusses the role that monetary policy plays as well as the role of policy makers. The author believes that if one follows the logic set forth in the paper someone might draw the conclusion that policy makers serve a limited purpose and that economic indicators, if closely watched, provide all the necessary information to understand how an economy is functioning. The author defends the role that policy makers play and notes that they have a significant impact in terms of promoting measures aimed at economic stabilization.