It is a largely self-serving piece of crap. The Fed has violated a few laws in the past few years and while the author had no real say in this the critics are not wrong in their beefs. Furthermore, telling people that if they didn’t acquire a PhD in econ from a university then their grasp of the subject is limited is utter bunk. Is Roubini dead wrong? Schiff? What about all of the folks at the Von Mises Institute or CATO or Heritage?
The bloggers do a very valuable service by pointing out the failures of policy makers who lived in academia for too long and surrounded themselves with other liberal socialists.
The author simply is reminding you that some want to sell you gold. That's all, and it's certainly not "self-serving."