The colour of the cat doesn't matter
- Martin Enlund
- 3/31/24
Jerome Powell, Chairman of the US Federal Reserve, stated during a hearing in March that the central bank has no plans to introduce a central bank digital currency (CBDCs) or consider it necessary at present. He said this even though the material Fed staff presents to Congress suggests otherwise - that CBDCs are described as one of the Fed’s key duties.
The Fed Pill
- Martin Enlund
- 1/29/23
In the iconic scene from the 1999 film The Matrix, the protagonist Neo is presented with a choice between two pills - the red pill, which reveals true reality, or the blue pill, which allows him to remain in his mundane existence, unaware of the choice he has made. This metaphor has become a popular trope on social media over the past decade, with the term “pill” being used to describe a sudden realization or enlightenment. The term is often used in the context of learning or gaining knowledge, and it is meant to evoke the idea of a “magic pill” that can instantly change one’s understanding or perspective on a subject.