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From: Cursitor Doom <cd999666@notformail.com>
Newsgroups: sci.electronics.design
Subject: Re: oscillator gain
Date: Sun, 20 Oct 2024 16:58:46 -0000 (UTC)
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On Sat, 19 Oct 2024 07:05:08 -0700, john larkin wrote:

> If the loop gain of an oscillator is slightly over 1.00, oscillations
> gain amplitude. Just under 1.00, they die out.
> 
> Economies are like that.
> 
> https://www.breitbart.com/europe/2024/10/19/record-633000-business-in-
britain-on-brink-of-collapse-report/
> 
> and politicians don't understand control theory.

Regulating an economy through monetary policy (interest rates - the usual 
method) is far more problematic than most folks would ever imagine. It's 
been likened to pulling a brick with an elastic band - and that's not a 
bad analogy. It's incredibly difficult to get the rate set right in order 
to produce long-term stability and the optimally desired 'goldilocks 
economy'. That's why there's normally a panel of economic advisers 
involved. It's too complex a decision for just one man.