Discussion
Pretty much.
Humans always overshoot.
Wish we had a monetary protocol that didn’t rely on human intervention…
People can't make good decisions on their own guys. We need to change the supply of money to disrupt their economic calculations and reduce their certainty of the future to make sure the economy doesn't break.
You know what? Lets use a year long lagging indicator of a velocity to control a position. Control delay doesn’t create system instability, animal spirits and greed do. This is why free markets don’t work guys.