Federal Open Market Committee (FOMC) sets policy for the Federal Reserve.
Data to Monitor Once A Month \\ 50 Plus Year Average \\ Acceptable Range
Consumer Price Index YOY (CPY) Avg 3.8% Range 3%-5%
Case Shiller Home Price Index YOY (HPY) Avg 5.29% Range 3.5%-7%
Unemployment Rate (UR) Avg 5.73% Range 4.5%-7%
Raise/lower Federal Funds Rate if CPY is too high/too low
Raise/lower Federal Mortgage Rates if HPY is too high/too low
Raise/lower Quantitative Easing if UR is too low/too high
Auction Off Troubled Financial Institutions
Financial Institution Tests
Uninsured deposits / domestic deposits < 50%
Loans and held-to-maturity securities / total deposits < 50%
Financial Institutions that fail both tests for two consecutive quarters are auctioned off.
RESULT: No peer pressure, no human error, no recessions!
FOMCGPT(tm) To The Rescue!
A ChatGPT bot (FOMCGPT) has been designed to generate Federal Reserve policy once a month incorporating the algorithm above using easily modifiable configuration files. It is being tested using Federal Reserve FRED data from April 2021 to April 2023.
No, not prayer. Basically, ALL schools need the Ten Commandments minus the God stuff. We are so hung up with the God stuff, that we ignore the Ten Commandments. We lose out by separating church aka religion and state aka government.
If we take out the God stuff, the Ten Commandments cover most of what the major 7 or 8 religions in the world teach plus or minus “an eye for an eye” clause. In other words, the remaining 7 Commandments need to be taught in every school. Let’s review them.
Remember the Sabbath day. So taking Saturday or Sunday to reflect is a great idea. We all need to recharge our “batteries”. Take the time to rest, regroup, meditate. And if it includes practicing your favorite religion on Saturday or Sunday, then go for it.
Honor thy Father or Mother. This can be generalized to say honor or respect your elders whether it be father, mother, grandparents, teacher or some old guy down the street. These people have a lot more life experiences than you. They may have more stress and more knowledge.
Thou shalt not commit adultery. This is pretty obvious. Do not cheat on a significant other whether you are married or not. If there are compatibility issues, try to end it calmly and fairly and move on.
Thou shall not kill. Another obvious commandment. Punishable by death or life in prison.
Thou shall not steal. Also obvious but needs to be reiterated. As thieves get away with crimes, their friends and associates think it is okay to steal. A strong police presence is required coupled with a three strikes law that elevates the severity of the punishment. At the same time, we need to ask why did you steal? There may be a deeper issue such as poverty or drug use.
Thou shall not bear false witness. Plainly speaking, do not lie. Politicians are famous for lying. But they must be held accountable whether it is via fact checkers or some other means. If they get away with a lie, then society breaks down with more lies or by repeating the false narrative.
Thou shall not covet thy neighbors house. Again, plainly speaking, do not be jealous of others. This can lead to bad thoughts and bad deeds. Be happy with what you have.
Conclusion. So what this post is attempting to say is, let us encourage ALL schools to reinforce these remaining 7 non-God Commandments and then all of our communities will be that much better off. Thanks for your time.
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Renaissance Candidates [from my view] Bill Gates – Computer guy but not really artistic. So no. Steve Jobs – Computer guy with fascination with aesthetics. So yes. Thomas Jefferson – Politician, architect, inventor. So yes. Leonardo da Vinci – Artist, … Continue reading →
Putin has to approve all bank transactions over $1000.
Putin has to make sure each bank transaction results in pennies being added to his overseas account.
Putin has to constantly restock his supply of poison.
Путин должен просматривать и одобрять все публикации в СМИ.
Путин должен одобрять все банковские операции свыше 1000 долларов.
Путин должен следить за тем, чтобы каждая банковская транзакция приносила копейки на его зарубежный счет.
Путину приходится постоянно пополнять запасы яда.
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