One can macroBS longer than microBS, which is why we need to be careful on who to endow with centralized macro decisions.

'....previous Federal Reserve bosses, Greenspan and Bernanke, had little grasp of empirical reality is something we only discovered a bit too late: one can macroBS longer than microBS, which is why we need to be careful on who to endow with centralized macro decisions.'
Nassim Nicholas Taleb