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2022


Stability

·3 mins
The big news today is the US Federal Reserve’s big FOMC meeting. The expectation is that the Fed will announce a big rate hike, on of the biggest in decades. The previous rate hike amounted to 0.5%, and the expectation for today is 0.75%. While it’s entertaining watching Jim Cramer and his ilk share their opinions on various matters which–I think–they likely have no clue about, it’s even more interesting learning about how institutions like the Fed really have no clue what they’re doing.

2021


Nobody Is Coming to Save You

·4 mins
Something I’ve noticed in recent times, and it may or may not be a trend–I’m not sure–is the idea that someone somewhere in a position of authority knows what’s going on, how to fix it, and they’re coming to save us. Probably a good example of this at a mass level was the 2020 Biden election, where scores of people were convinced that the world would go back to normal and evil would be defeated if Biden won.