4. Wallerism: Crypto, via stablecoins, is good for the dollar
Flipping over to the Republican side of the aisle, but remaining within the establishment, we have Federal Reserve Governor Chris Waller.
Waller pricked my ears in February with his comments in a speech entitled The Dollar’s International Role . The purpose of the speech is to defray... See more
absurd quote from @jacobgaboury’s Image Objects. last week a friend mentioned he could tell a building was designed in Solidworks from curve presets! https://t.co/qr99emcaaM
There are all kinds of wrinkles and complications that affect trade, called “ frictions ”. These include things like home bias in both consumption and financial investing, sovereign default, currency market frictions, and so on. Economists argue back and forth about which of these frictions cause the various “puzzles” in international trade —
We’ve sacrificed nuanced judgment for a trend report without a methodology.
We’ve sacrificed white space thinking for whatever the average is doing.
And we’ve sacrificed the attributes we care most about (resonance, loyalty, fandom, influence and impact) for the metrics easily available to us (clicks, views and follows).
Whereas philosophers, psychologists, and the like search for models of human cognition and behavior, the field of artificial intelligence aims to take such models and turn them into useful tools in reality. As the salience of vibes as a way of (not) explaining experience has grown, so too have the applications of machine learning and neural... See more