Just spent about 5+ hours sitting around with the other Fed Challenge guys and trying to figure out what the fuck we are doing for Wednesday.
Dr. Bakkal told us 'devalue currency', didn't tell us why, and abandoned us. We spent those 5 hours arguing it out and eventually realized he was right, as much as he could be. We were all of the opinion that the best option would actually be to legalize marijuana and go through with the North American Unified Currency plan. But the Federal Reserve can do neither of those things. The Federal Reserve can...buy bonds. (Like the rest of us.) But they can also buy foreign currency. So that's what we're going to argue for.
Interestingly, with Dr. Bakkal not around, me being the only "girl" in the group didn't come up. At all. Jokes about dicks and sex abounded, as well. I am not sure if this means I socialize like a guy (I have been told in the past that I do, back when I thought I was a girl even) or if it was a case of these particular guys just not caring.
I actually don't want to think about it too much because my brain hurts. 4 PM to 9:20 PM. Trying to fix America's problems. A group of undergrads. My brain hurts. My
soul hurts.
And Dr. Bakkal keeps reminding us not to be intimidated by Harvard and BU, that we have a ~chance~. Yeah. Yeah, maybe if we had started working on this LAST FUCKING YEAR like those schools do, we would have a chance. We started two weeks ago. Honestly, we will be lucky if we don't get Unimpress'd offstage.
Neh neh neh. Moral of the story: only get involved in this kind of shit if you are like me and have really nothing better to do. I won't be losing anything on this. Not gaining anything either probably, except a group of guys who now consider me their personal consultant on trading in bonds. Which is fine by me, I push bonds on anyone I can. In fact, here, right now:
INVEST IN BONDS. DO IT.
DO IT. IDGAF how low interest rates are right now. Buy some long-term bonds with sane interest rates. And there are always higher interest rates on bonds issued by private companies. Find one you believe in and support it.
...Make sure the interest rate is higher than the current inflation rate, though. Really. Be especially careful of that with CD's. And savings accounts, which are similar to CDs but even worse off. (Do not put your money in a savings account if you are American. Put it in bonds, or stocks or another asset. No, really. You're almost definitely losing money in the savings account.)
Right, I should stop rambling about this shit and go get an ice cream sundae and then...IDK. Sew? Hold an imaginary conversation with Hannibal Lecter? Both of those, probably.
Or maybe make those X-Men Evo icons I wanted...Xavier trollface forever. And maybe if I'm going to keep pushing bonds like drugs I should get a Captain America icon. Put a bullet in your best man's gun!
Oh yeah, our other proposal for improving the economy that we absolutely cannot take to the Fed Challenge: start a war between two other countries. Well, it would work, we would just be monsters.
Musicshare, to make up for the poison my brain just vomited all over the place here: