"Fed Chair holding steady while inflation creeps up. Bold or reckless? We're watching the next decision like a hawk."
Markets Rally as Fed Chair Signals Cautious Approach — Dow +340pts
Bond yields inch lower as traders price in a pause. Every quarter matters.
"Competent. Disturbingly rare. The yield curve is beginning to take an interest in your decisions."
Not a textbook. A war room. Real cause-and-effect. Real human consequences. Hover each card for the field briefing.
Most players don't survive. That's the point.
Steady economy. Mild inflation. Four governors who already have opinions about you. Learn the controls before the storm arrives.
Economy in freefall. Cut to zero. Print money. Hope nobody notices the inflation you just created. (They will notice.)
Lehman just fell. The press is outside. The Senate wants a scapegoat. Markets are in freefall. Good morning, Chair.
14% inflation. Volcker hiked to 20% and destroyed unemployment to fix it. History called him a hero. The unemployed were less enthusiastic.
You're the last line of defense. 2% of players save it. You will probably not be in that 2%. Play anyway. It's educational.
Crude spikes to $180. Stagflation knocks. Do you fight inflation or defend growth? No right answer.
"I never understood why the Fed raises rates during a boom until I watched my GDP line tank when I didn't. It clicked immediately."
"I assigned this instead of the Mankiw chapter on monetary policy. Students came to class actually wanting to discuss the Taylor Rule."
"Caused a depression on my first try. Tried 6 more times before I understood inflation targeting. Best 3am of my life."
Or will 330 million Americans remember your name for the wrong reasons?
Your economics degree starts here.