Re:Jeff Lawson Steps Down as CEO of Twilio
by dragonwriter on Monday January 08, 2024 @07:32PM
(#38920631)
If nothing else, your argument that monetary policy levers work exactly the opposite way that conventional economics says they do is amusing.
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Even more amusing is that I’m right!
Re:Jeff Lawson Steps Down as CEO of Twilio
by dragonwriter on Tuesday January 09, 2024 @12:17PM
(#38928762)
If you were right, Fed policy would drive the nation into an unbreakable positive feedback loop (irrespective, really, of preexisting conditions because the conventional economic levers would always drive the nation the exact opposite way intended) until conventional understanding of monetary policy was abandoned.
The fact that this hasn't happened pretty clearly disproves your understanding: the conventional understanding may be wrong in some way, but its not inverted.