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feld (feld@bikeshed.party)'s status on Tuesday, 30-Jan-2024 05:55:25 JSTfeld @GhostOnTheHalfShell you can't model the economy. it is subject to natural forces and human behaviors that simply cannot be predicted or modeled. Any attempt to "steer" the economy with tariffs and subsidies ends in disaster. Every. Single. Time.
The economy works best when natural price discovery happens.