Peruvian Bull 🇵🇪🐂. Sharp monetary analysis/theory. nostr:npub159xcmvys8az0s5z8whjwr4senal5px6sjgmskvhyq2u0fkwpk2ds0zg2g6 by an enlightened economist 💜✌️

https://youtu.be/HiJUWi-tYEU?si=kSeGFD3oO9KLrs6r

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Yup, very well summarized despite being rather deep than shallow.

I loved the metaphor with the map about the conflation of the financial statistics and indexes for the actual real world economy. And how all the Keynesians and FED are focusing on managing these indexes while not realizing they are undercutting the markets' productivity with every single decision.