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I can't tell if you're exaggerating for effect or if you really believe the parenthetical comments, but the people working at the fed are fairly regular people
by solveit 5y ago
I can't tell if you're exaggerating for effect or if you really believe the parenthetical comments, but the people working at the fed are fairly regular people and don't think that way.
- dnautics 5y agoThe people working at the fed are not regular people. I know at least two. Call me when someone at the fed has driven for Uber or Lyft for two years to understand markets from a "regular person" perspective, or moonlights a second job as a server at a restaurant to understand how the disparity in tax treatment for tipped jobs affects economic choices of the exhausted wage-earner. The point of the parentheticals is not to imply this is what those a the fed believe, but to highlight how the single north star "optimize for social stability" has encoded within itself dangerous biases. Whether or not they believe those things, that is what they are working towards.