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I agree. Central bank policy should be analyzed the same way as other feedback contollers. It's popularly believed that furnaces provide heat, but in fact, fur

I agree. Central bank policy should be analyzed the same way as other feedback contollers. It's popularly believed that furnaces provide heat, but in fact, furnace activity closely correlates with low temperatures, and indeed furnaces are actually off entirely during the hottest times of the year.

klipt 5y ago
It is popularly believed that cars take you closer to your destination, but in fact, car usage correlates with being far from your destination, and people who live close to all their desired destinations may not own a car at all!
- nottorp 5y ago
  Hey that sounds like machine learning.