I'm aware it's a "real" paper. I did try reading it, but I stopped since it didn't seem to answer any of my questions. I'm not an academic, and certainly not an academic in the field of economics or monetary policy, so maybe I'm just too stupid to understand it.

That said, I think my question is pretty basic and easy to anticipate, so I was disappointed I couldn't find it addressed in (relatively) simple terms.

As far as it being a "published" paper, my recollection is that it looked like the paper was self-published. I could be wrong about the self-publishing thing, but as far as I'm aware it's not published by any kind of reputable academic journal.