Viewing a response to: @edicted/i-guess-i-m-locked-into-speculative-posts-right-now-elasticity
*so the real issue is dealing with greed and lowing the price and yields back down to the ground when they get too high. Easier said than done I'm afraid.* — a tough mountain to climb indeed . A fixed money supply is not a good monetary rule and efforts to move toward more elastic supplies should be welcomed. But those efforts would also be well-served by careful consideration of how the supply should respond to various shocks.
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