It really isn't a joke. It tracks changes in cost of living pretty well. The rea... | Hacker News

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		imtringued on Feb 11, 2021 \| parent \| context \| favorite \| on: MasterCard to open up network to cryptocurrencies It really isn't a joke. It tracks changes in cost of living pretty well. The real mystery is why the fed is committing to supply side economics in a demand starved economy. That's the exact opposite of what you should do.

ForHackernews on Feb 11, 2021 [–]

Does the Fed have anything it can do on the demand side? I'm pretty rusty on my macroeconomics, but I thought you needed fiscal policy to buy stuff if you want to juice demand.

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