Fake Press Releases
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Forget Summers and Yellen: Let a Bot Run the Federal Reserve
via Flickr The shameless campaigning and cat fight over who should be our next Federal Reserve Chair has only served to underscore the inevitable human flaws and lack of omniscience of whoever is ultimately appointed, all while further politicizing and debasing the office. I argued four years ago a bot could do that job…
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Press Releases We’d Like to See: Iceland Embraces the Bitcoin Economy
Continuing our series of monetary-themed press releases we’d like to see (but probably won’t): Iceland Embraces the Bitcoin EconomyUnveils comprehensive program for 21st century financial leadership REYKJAVIK, Iceland — May 1, 2013 — The Republic of Iceland today announced a comprehensive program to make Iceland the leading nation state in the emerging Bitcoin economy. “Bitcoin…
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Hoping for Change: Monetary Policy Edition
Platformonomics does not usually do monetary economics (except maybe the virtual kind), but I just happened to be thinking about the Federal Reserve yesterday (admit it, so were you…) shortly before the news broke of Bernanke’s renomination. I was hoping for a more radical announcement: Software Bot To Be Nominated Chairman of Federal Reserve SystemCutting…