Three-player game

A game dynamic forms between financial markets, the economy, and the central bank.

The play between any two of these isn’t as complex as it becomes between all three.

An illustrative blurb from Joe’s Bloomberg note the other day…

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Game theory and John Nash come to mind, whose work was recently revisited…

Smithsonian.com

But more than that, there are three bodies involved…

… and, according to the math, the behavior of bodies turns unpredictable when a third is added to a pair.

What’s suitable to stars can’t be very far from Economics.