3 ms·
It is hilarious that well-studied economists understand that it is difficult and unlikely to consistently beat market returns when using any decent size, yet a
by landemva 5y ago
It is hilarious that well-studied economists understand that it is difficult and unlikely to consistently beat market returns when using any decent size, yet a primary purpose of the Fed is explicitly to manipulate interest rates.
We would get more value, and much cheaper, by simply using a formula for money expansion and the resulting interest rate.