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We have all heard the countless Bitcoin backers claiming that Bitcoin is a bullet-proof hedge against inflation and is the best way to protect long-term wealth, and recently many established financial institutions have also been hoping onto this bandwagon. Their argument is simple. Bitcoin, unlike normal fiat currencies, has a limited, predeterm…

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This document goes over the instructions to run the program in the google collab environment. You will not need to download any python interpreter to run the program.

Enter this link into your web browser: https://github.com/kaul-eshan/ECON-4984-Workshop-in-Applied-Policy-Analysis-Monetary-Policy-.git

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Click on Code then select Download ZIP To ensure the code will execute properly on different machines/environments I have gone ahead and converted the necessary data to .csv files.

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In a web browser enter the following url: https://colab.research.google.com/?utm_source=scs-index

Sign in with your google account (ex. hokiebird@vt.edu)

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Select Upload and select Project3.ipynb (May need to unzip the folder first)

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Press the Play icon to run the first code block. You will be prompted to Choose File select this option.

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Select the following files from the folder then press Open

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The execution of the command will be displayed in the console. It will take some time for all the files to be uploaded. Once all the files are completely uploaded the remainder of the code is now ready to be executed. To execute the remaining blocks of code you can select the play icon on the left hand side.

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We have all heard the countless Bitcoin backers claiming that Bitcoin is a bullet-proof hedge against inflation and is the best way to protect long-term wealth, and recently many established financial institutions have also been hoping onto this bandwagon. Their argument is simple. Bitcoin, unlike normal fiat currencies, has a limited, predeterm…

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