pull down to refresh

32 sats \ 8 replies \ @Cje95 21 Oct \ parent \ on: Minneapolis Fed Bitcoin Paper | Article Review BooksAndArticles
The Fed does a ton of research and I think that is something people don’t associate with the Fed. They pump out a ton of papers each year and even more working papers that they really spend years working on. It would make since they are trying to research and see if persistent deficits is possible.
write
preview
31 sats \ 2 replies \ @SimpleStacker OP 21 Oct
Yeah most are honestly just nerds trying to explore what's possible mathematically and what's not.
Not saying some aren't ideologically driven, but most are really just eggheads.
reply
48 sats \ 1 reply \ @Cje95 21 Oct
The ideological driven stuff would come from the very top the little cogs that do the research likely don’t have the flexibility to do much
reply
21 sats \ 0 replies \ @Undisciplined 21 Oct
The mechanism is more that you aren't going to get one of those jobs unless you seem to have respectably mainstream opinions.
reply
21 sats \ 4 replies \ @Undisciplined 21 Oct
It's the largest employer of economists and almost all of them are researchers.
reply
61 sats \ 3 replies \ @Cje95 21 Oct
Maybe we need to send some of em to the Department of Labor to help count unemployment numbers 🤦🏼‍♂️ these revisions are just wild
reply
0 sats \ 2 replies \ @Undisciplined 21 Oct
BLS is also one of the largest employers of economists.
reply
25 sats \ 1 reply \ @Cje95 22 Oct
Well crap they need to stop hiring the ones that barely pass….
reply
0 sats \ 0 replies \ @Undisciplined 22 Oct
Mediocre economists have to go somewhere.
reply