Re:Leaked Amazon memo warns the company is running out of pe...
by hotpotamus on Friday June 17, 2022 @01:04PM
(#31781142)
I've also found it quite hard to predict things, especially about the future. So I have a hard time being mad at the fed on that account.
Re:Leaked Amazon memo warns the company is running out of pe...
by formercoder on Friday June 17, 2022 @01:19PM
(#31781313)
If anyone that worked at the fed could predict the future, they wouldn’t work at the fed.
Re:Leaked Amazon memo warns the company is running out of pe...
by dhosek on Friday June 17, 2022 @02:42PM
(#31782527)
The future is notoriously difficult to predict.
Re:Leaked Amazon memo warns the company is running out of pe...
by ineedasername on Friday June 17, 2022 @05:05PM
(#31784363)
We should focus on easier tasks and build up to it. First we should try to predict the past accurately. Once we're comfortable with that maybe we can move on to predicting the present.
The odds they won't find an excuse to reverse course within 3 years seems low.
They talked about reducing the balance sheet for almost a decade and barely made a dent before more than doubling it during the Pandemic.
I will be shocked if in 5 years the Fed's balance sheet isn't substantially higher than it is now.