Hey guys! I've been thinking a lot about faith. By that, I mean, my personal relationship to the divine, within myself, and all around. I'm just wondering if you guys are believers. If so, what do you do to "cultivate" that faith of yours? Does it help you in your everyday life? And does it help you withstanding the economic stress we are being put under? Do you guys have any little "tips" to keep yourself in line with that faith, hence not drop the ball everytime a difficult situation arises. I know it is not totally linked to the economy, but I think that it helps to talk about it, and be relaxed about what's happening around us. Cheers!

Hey guys! I've been following UE for a few years now and joined the skool a few weeks back. I have to say I don't necessarily keep up with all the videos, but I do find what Simon says very interesting, the way he understands economics, and especially when he gives us "samples" of wisdom about life and money. So, not considering myself either rich or poor, I'm willing to make this post to learn a bit more about YOUR wisdom on how to be relaxed about "money" (I know it's a very wide term). So, here is my question for you: how, when you think about finances and it stresses you out because of whatever reasons, at your own personal scale, or on a worldwide scale, where all the leaders are taking the decisions for us, how do you get that stress down? Also, some people I know always tell me that I should ask for things, and those things will come to me (obviously, I'd have to work my way to them, one way or another, but if I ask, I shall receive). I've had a few conversations with religious people about that, Christians mainly, and they all said the same thing; Ask god, he'll give you more than you expected. How do you guys manage all that? Do you talk to yourself? Do you talk to God? And in the real world, do you talk to friends about your financial situation and ask for advice? Or a financial advisor? Do you have a kind of "through the day strategy" when it comes to thinking about things positively, saying thank you/blessings, praying etc...? Excuse the long message, but I'm just at this turning point in my life where I feel I'm onto something, and need to work at it for me to be able to provide without counting for myself and the ones I love. It's like finding a big treasure but there's a cage around it and the key's of the cage has been thrown into a small lake just next door, it's up to me to dive deep and find it😄 Thank you again Simon for helping us out with understanding the economical world around us, and thank you guys for posting interesting things every day 🙂

In one or two of the papers, the “Taylor rule” is referred to. I didn’t know what it meant, so I asked Grok, and thought I would share what it told me: The Taylor Rule is a simple formula that suggests how a central bank (like the Federal Reserve) should set its main short-term interest rate — the federal funds rate — to keep inflation stable (around 2%) and the economy near full employment. Simple Version of the Rule It basically says:Recommended interest rate = neutral rate + inflation + adjustments for high/low inflation + adjustments for strong/weak economy - If inflation is above target → raise rates more than one-for-one to cool things down. - If the economy is overheating (e.g., low unemployment, positive output gap) → raise rates. - If there’s slack (high unemployment, negative output gap) → lower rates. Main Applications (Why It’s Used) 1. Guide / benchmark — Central banks calculate what the rule “recommends” and compare it to the actual rate to see if policy is too loose, too tight, or about right. 2. Evaluate past decisions — Economists check if the Fed followed something like the rule historically (it fit well in the 1990s–early 2000s). 3. Forecast future policy — Analysts and tools (e.g., Atlanta Fed’s Taylor Rule Utility) use it to predict likely rate moves. 4. Promote predictable policy — It encourages systematic (rule-based) decisions over pure discretion, helping anchor expectations. Current Context (February 2026) The Fed’s federal funds rate is in the 3.5–3.75% range (held steady at the late January 2026 meeting).Many Taylor Rule variants (original, balanced-approach, shortfalls versions) prescribe rates around 3.7–4.2% right now, depending on exact inputs like inflation (~2–2.7% range recently), unemployment gaps, and estimates of the neutral real rate. The actual rate is roughly in line with — or slightly below — most prescriptions, meaning policy looks broadly appropriate or mildly accommodative to some observers.