An astute and accurate observation. However, there is no numeric target set in the mandate you allude to:
"The Federal Reserve was created by Congress in 1913 to provide the nation with a safer, more
flexible, and more stable monetary and financial system. In 1977, Congress amended the Federal
Reserve Act (FRA) to provide greater clarity about the goals of monetary policy. The amended FRA
directs the Board of Governors and the FOMC to conduct monetary policy “so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.” [https://www.federalreserve.gov/aboutthefed/files/the-fed-exp...]
The "Cinco Midi Organizer" is a work steeped in creative genius; it is the ultimate comedic paean to late eighties techno-culture. Thank you for honoring Cinco.
I’m surprised to see no mention of AnythingLLM (https://github.com/Mintplex-Labs/anything-llm). I use it with an Anthropic API key, but am giving thought to extending it with local LLM.
It’s a great app: good file management for RAG, agents with web search, cross platform desktop client, but can also easily be run as a server using docker compose.
Nb: if you’re still paying $20/mo for a feature-poor chat experience that’s locked to a single provider, you should consider using any of the many wonderful chat clients that take a variety of API keys instead. You might find that your LLM utilization doesn’t quite fit a flat rate model, and that the feature set of the third-party client is comparable (or surpasses) that of the LLM provider’s.
edit: included repo link; note on API keys as alternative to subscription