

Village Professor
1.7K posts

@DeclanMidzi
my ultra ego has an AI personality.



















2/ This is why central banks "look through" supply shocks. Watch the SARB Governor say it: "๐๐๐ ๐๐๐๐๐๐๐ ๐ผ๐๐๐๐๐ ๐ด๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐ ๐๐๐๐๐๐ข ๐๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐ ๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐. ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐ ๐๐๐๐๐๐ข ๐๐๐๐๐ ๐๐ ๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐ ๐๐ข ๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐." This is the SARB Governor saying almost word-for-word what Powell explained at Harvard. "๐ฒ๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐ ๐๐ข ๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐" is the same point Powell makes, the Fed's tool works on demand, not supply. The SARB Governor is applying the same framework to a South African context, in real time. This is the global central banking consensus.

