Valuing Internet Usage is Preposterous
There's an old adage that you can make numbers say whatever you want them to say. A recent proposal from everyone's favorite unelected institution proves that point beautifully.
One of the things that I don’t want to be lost from the current economic environment that we are in is what the Federal Reserve was doing before everything unraveled. Back in October, the central bank actually wanted people to put a value on their ability to use the internet. The reason? Because the search engines provide a quality of life that, we are …
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