The Central Bank's dual mandate is better served letting the free market determine interest rates. Interest rates set higher or lower than the natural equilibrium cause unemployment or inflation respectively. Without market forces to dampen cycles, they become more violent until the system hits resonance.
Class is for debates, and we discussed the central bank's dual mandate, the business cycle, and GDP. One thing leads to the next...
I like that our classes are open to perspectives. Having an international class helps a lot too.
In class, or at work, vibe check is people recognize that we're going wrong with these contradictions. I think people get it.
Econ class was wild today and I loved every second.
Just like the President Jimmy Carter says. Okay?
The whole shtick for me, is let the free market decide. I don't need no one sabotaging the system. The system will fuck itself over. Please, no smart guys pushing everyone to Bitcoin only for it to fail. It's antithetical.
In time, they will come, and we'll be ready. Right now? We ain't close to ready.
Do it twice though and you might just win me over 
That's wild, I get t bone at 17, all local.
Bought out by fake money, Scammed and poisened π π
He's pro free markets. It will be up to the people to adopt Bitcoin, as it should be.
Back to the winning tomorrow, well rested now. Gn https://video.nostr.build/3c15a060311de7cb4ef3728a5737439e0b2ed93ca20cfd8873e565a064aa5f27.mp4
Wow, what an album. Just laid down listening, soaking some sun. https://open.spotify.com/album/2LdlfTE6xqf2Ez8LPAFZSy?si=0qmzLIwhSHmYY1lkIIozZg&context=spotify%3Aalbum%3A2LdlfTE6xqf2Ez8LPAFZSy
That's all sandy beach?! Wow, as far as the eye can see.
Weather looks good too but is it still chilly this time if year?
π Las Vegas, this place is awesome!
