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Why is R-Star so difficult to understand?
@uneducatedecon1 explains:
- It's the Fed's estimate of a neutral interest rate.
- It can't be directly observed.
- In a recession, the Fed could run out of room to cut rates.
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Bitcoin.com News@BitcoinNews
From CBDCs and stablecoins to the Cantillon effect and Bitcoin reserves, this conversation explores where monetary policy may be heading. @uneducatedecon1 joined @2084Richardson to discuss inequality, Bitcoin, and the future of money. Catch the full breakdown👇
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