What caught my eye: Inflation and the Fed, the failure of national-building in Afghanistan, and why it is a bad idea to make bitcoin compulsory tender

Remarks of Federal Reserve Chairman Jerome Powell at Jackson Hole Economic Policy Symposium. Listen carefully!

https://www.youtube.com/user/KansasCityFed

Is it a “Bad Idea to Make Bitcoin Compulsory Tender”?

https://www.cato.org/multimedia/media-highlights-radio/george-selgin-participates-debate-its-bad-idea-make-bitcoin

“Why Nation-Building Failed in Afghanistan” by Daron Acemoglu:

https://www.project-syndicate.org/commentary/afghanistan-top-down-state-building-failed-again-by-daron-acemoglu-2021-08

“Why the Bezzle Matters to the Economy” by Michael Pettis:

https://carnegieendowment.org/chinafinancialmarkets/85179

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