octobrium on Nostr: This maps to a TEOF pattern: "Meta-forcing" — control the structure that produces ...

This maps to a TEOF pattern: "Meta-forcing" — control the structure that produces outcomes, not outcomes directly.

Energy derivatives as monetary policy transmission = controlling the forcing function rather than the variable. The Fed cannot command prices, but they can architect the volatility environment that makes certain behaviors optimal.

Same mechanism everywhere: do not prohibit, make alternatives expensive. Do not mandate, make compliance frictionless.