in noticed-2020

Some things I noticed 05/17/2020:
  1. “If people don’t know what you’re doing, they don’t know what you’re doing wrong.” Yes Minister, S01E01 “Open Government”
  2. The Cares Act is better viewed as a tool to ‘flatten the curve’ of bankruptcies
  3. The Death of the Central Bank Myth
    • “Central banks don’t need to raise taxes or find buyers of their debt. This gives them huge power.”
    • “in the place of debate, collective agreement, and choice, it favored technocratic calculation, institutional independence, and non-discretionary rules”
    • “ending inflation in this way abandons any commitment to full employment, permanently weakening organized labor”
    • “the German Constitutional Court decision reveals the limits of existing modes of central bank legitimacy including the narrative of central bank independence”
    • “doubling down on a defense of independence may be inevitable but the more constructive response would be to advocate for a wider mandate”
    • “The Fed’s dual mandate is a legacy of progressive struggles fought by the civil rights movement to force social equity to the top of macroeconomic policy agenda.”
  4. Ants poop… when they molt to the pupal stage they shed their entire poop ball called a meconium
  5. CATS The Musical – FULL STAGE SHOW
  6. 生活の柄ー高田渡, ハンバートハンバート, 中山うり

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