The Illusion of Certainty in an Uncertain World Every time the Federal Reserve raises rates, expands its balance sheet, or tinkers with its inflation targets, it does so based on an unspoken premise: that the economy is a machine. A set of levers. A model. A formula. This is the illusion Shostak dismantles—and it's one that must be understood now, as central banks race to launch Central Bank Digital Currencies (CBDCs), backed by predictive models that pretend to understand you. This same mindset is what makes Programmable CBDC Spending Limits possible, turning human choice into something policymakers believe they can engineer, restrict, and control. They don’t. And they never will. Economics Is Not Physics—It's About People The central thesis of…
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