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Posts published in “Issue 4: December 2021”

The Federal Reserve’s Role in Controlling Costs

Inflation in the U.S. is at a 30 year high, and many Americans have noticed a cost increase in the items that they purchase every day. Last month, President Biden renominated Jerome Powell to a second term as Federal Reserve chair and combating inflation will be Powell’s top priority entering this term, or at least the priority that people care about the most. There are several levers that the Fed can pull to attempt to combat this inflation. As Powell announced last month, quantitative easing is the lever that they plan to pull right now. Quantitative easing, or QE, is a Fed program that purchases financial assets from the market in order to get more cash into the American economic system.…

Wellness & Busyness Part 2: Interview with Allyson Dhindsa, Career Coach at Stern

This interview is a follow-up to our Wellness & Busyness article from November, in which we received an overwhelming response from students regarding their tactics to balance life, work, and attaining MBAs in a society that tends to glorify “busyness.” Allyson Dhindsa is an associate director in the Office of Career Development at Stern. She coaches full-time MBA students 1:1 as well as in groups, on attaining internships and full-time roles, particularly those with non-traditional backgrounds. She looked over our raw data (anonymous still) from the survey and sat down with me to give her thoughts on busyness in business school, from the perspective of a career coach.…

Dear Oppy: December 2021

We are proud to continue our agony advice column, Dear Oppy: B-School Advice for the Everyday Sternie – “real questions, terrible advice.”

The Oppy can be quite Stern at times but is here to answer the queries and qualms of all MBA students so send them his/her/their way at oppy@stern.nyu.edu or fill this out, anonymously.

Dear Oppy,

Attending DBis and developing DBi boyfriends was my No. 1 dating strategy. When will they finally come back!?

Sincerely,

No date since March 2020

Dear No date,

First of all, allow me to compliment you on your enterprising nature and your efficiency. Romance, international travel, and developing critical business skills all in one 1.5-credit span?…

Maybe We Should Boycott Olympic Boycotts

This weekend, upon hearing the Biden administration’s bold move to announce a diplomatic boycott of the upcoming Beijing Winter Olympics, I was thinking about the halcyon days of late 1979, when the Soviet Union invaded Afghanistan, only to be met by the fierce international response of a U.S. boycott of the next year’s Summer Games in Moscow. Leonid Brezhnev and the Soviets cowered in the face of such a firm display of disapproval, and within weeks, the Soviets had left Afghanistan in one of the last great foreign policy achievements of the Carter administration.

What, what? Really?

Ok, so apparently this is less a major historical turning point and more a dream I, or possibly Jimmy Carter, had Sunday night.…

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