July 7 | Daily Discussion
July 7 | Daily Discussion
You keep wandering. Resting on the ledge of a trashcan you see a cracked BIC lighter. The inner canister is unbroken and still has some fluid left, so you pocket it. The prospect of surviving in this place brings a coldness to your chest and an adrenaline spike to your blood.
Cold, desolate, dirty. No surprise your life has brought you to a place like this. In some ways you've known all along. Right from the first moment, something in you knew it would take you here. But still, something made you do it anyways. Something called to you. The possibility of more, maybe. The possibility of a thrill. Something worth living for. But of course, here you are, no different than any of the other schmucks. Perhaps you'll perish in the same way as well. Just the same as the rest of them.
What are your moves for today, Friday July 7th, 2023
It's Friday motherfuckers
In 50 years the fact that monetary policy is reviewed just a few times a year by a committee of few people who meet every now and then to scratch their heads and guess will seem so archaic. Advanced computational models will be analyzing an incomprehensible amount of data every nanosecond and making continuous fractional policy updates to keep everything smooth and calm.
Yeah right. In 50 years we'll wish the fed, operating in exactly the same way as now except worse, had as much integrity and forsight as Powell and the gang did back in the early 20s..