“The tools for forecasting under Knightian #uncertainty exist. #Scenarios are not a second-best substitute for a single forecast with a fan chart. When the economy is undergoing structural change, they are the intellectually honest format—able to represent what we can & cannot know about the future”

RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3mittzoy3rs2v