Blog Roll: The US Federal Reserve

 

There are currently bills before the US Congress to Abolish the Federal Reserve, the US Central Bank. Google AI Reports:

The following reasons are given:

These arguments can be debated. However, what interests me is the argument for more Federal Reserve Transparency and Automation and I have been posting on that topic:

• Trump vs. The Federal Reserve President Trump (and a lot of other politicians) want lower interest rates to stimulate investment. The Fed has been keeping interest rates above the Attractor path given Trump's erratic economic policies. And, there are lots of problems the Fed is facing in setting interest rates too low.
• What Impact is the Fed Having on the Dual Mandate? Some politicians argue the Fed has too much power but the data shows that Fed policy manipulations don't have major effects.
• Could the Fed be replaced by a Computer Program? No, but more automation, communication, public input and transparency would help (and could be a model for other Federal Agency reform).
• Four Regimes for Fed OS 1.0 The main problem with totally automating the Federal Reserve is what to do during Economic Crises. In addition to Business as usual (BAU), three crises regimes can be identified statistically where human judgment is needed.

Over time, I will have a lot more to say about Federal Reserve and automation of other Federal Government agencies. Given the dismal performance of the Trump II administration and the mistake of Big Tech for support of Right-Wing Agendas, it is time to start thinking out of the box!

Blog Roll: The United States

 

The United States is facing a large number of problems right now. And, it does not appear that the Trump II Administration policies are addressed to solving any of them. Here are the problems and their interconnections as reported by ChatGPT: 

Briefly, the Political System (top of the graphic) has created economic, social, technological and geopolitical pressures that hav led to declining state capacity. The arrows show reinforcing causal links that make the problems difficult to address.

A Blog Roll of my postings on the  US economy mostly using the USL20 model follows:

• Alternate Futures for the US The current administration (Trump II) envisions a Business-As-Usual future of unlimited, unstable exponential growth. A more realistic Geopolitical model would link the US to the World System.
• US CO2 Emission Reductions Unlikely  The Trump II has done everything they can to disable Climate Policy and my forecasts are for CO2 emissions to stabilize at current levels (rather than be reduced) well past 2040.
• Why is Hardship Increasing in the US? Again, Business-as-usual (BAU) Policies of the Trump II do nothing to reduce hardship in the US.
• Geopolitical Linkages to Canada and Mexico. The Trump II administrations threatening policies toward North and South American countries are not facilitating a stable Geopolitical Environment. It would be better if North and South American countries found ways to link to the World System and benefit each other. US Hegemonic Leadership is not producing stability.
• US Inflation By Administration. The long-range attractor path predicts low levels of inflation for the US.
• US Unemployment. The attractor path for unemployment is expected to stabilize at around 9%, much higher than FED 2% targets.

Blog Roll: Brazil

 

Jan 5, 2026. After the Invasion of Venezuela by the Trump Administration, Brazil lined up as one of the Latin American countries that condemned the attack (here). It was also one of the Latin American countries hit hard by Trump Tariffs.

Coffee is a good example (graphic above from Trading Economics). In 2025, Trump imposed tariffs on Brazilian coffee and prices in the super market begin to rise and Trump's approval ratings begin to decline. One November 20, 2025, Reuters reports (here) that Trump lifted the tariffs. Trump had been arguing that even though tariffs were taxes, they would be paid by the importers. That turned out not to be true (something Trump could have learned in ECON 101).

Here is a Blog Roll of my other postings on Brazil:

• Seven Futures for Brazil Alignment with the US or the other Latin American Countries (LAC) is best.

Boiler Plate

Boiler Plate is provided with each of the blogs describing State Space models, data sources and how the models are created. For example: here.

Are Carbon Markets Back from the Dead?

 It was reported in the New York Times here that the Biden administration had been issuing new guidelines for carbon offsets and carbon markets. If you have been following Free Market ideas about  how to control Climate Change you might have concluded that Carbon Markets were exposed as Greenwashing designed in the marketing departments of Big Businesses. But, the proposals are back again from the dead, being pushed by the Biden administration in an election year.  What gives? And, will these ideas be supported by the Trump Administration (HINT: only if they make money again for Big Business)?