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Jeff Booth: Finding Signal in a Noisy World

The Bitcoin Matrix

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Why Wages Are Sticky?

Wages are sticky because people don't demand they don't know what's happening. When I was 16, I made $20 an hour as a life guard. My 16 year old son this summer made $16 anhour as a lifeguard. And my 16 yearold son makes less in normal terms than I made then. So you can see what happens to human incentives when you design this system around theft,. You have to rely on more. There's a lot there I'd like to get into around technology ideas. Particularly though, we talk a lot about prices. Wages doesn't come up. How are wages sticky up and down? So wages are sticky. Why inflation works is

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