Hacker News new | ask | show | jobs
by candiodari 1368 days ago
> We don't just take the permabear crowd word immediately, we move when the data shows an issue. Not before.

Following the data means you're inevitably running after the facts. Running after the facts inevitably causes feedback loops. I'm sure those feedback loops were tuned correctly to not blow the whole thing up, right. Right? RIGHT??

Say ... what happened last time? Oh ... right.
1 comments
dragontamer 1368 days ago
> Running after the facts inevitably causes feedback loops

No?

2008 through 2014 had signs of deflation, so the Fed lowered rates and went into QE.

2022 has signs of inflation, so the Fed increased interest rates.

Where is the feedback loop here?

link