What is the Most Important Part of the Economy?

Full write up: https://kyla.substack.com/p/people-ar... I think we often forget that the economy is really a bunch of people peopling around and trying to make sense of this world. So it’s going to be silly and dumb because people are silly and dumb.  I don’t know. I think it’s frustrating and it’s also okay to *be* frustrated. That’s part of where action comes from. And just like the Fed, we have to take action to maintain our credibility (something I need to work on more). The bifurcation of society shows that we care at least - but how do we harness these emotions into something productive for our collective future? That’s the eternal question.