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The Batek of Malaysia The Batek or The Batek De' are one group of Malayan aborigines that are still nomadic hunters and gatherers, so the exact locations of their settlements change when one of their tribe members dies or the resources that they use for survival is depleted (Antonio & Gisela, 2013). Historically the Batek dwelled in the forests of Pahang, Malaysia but due to selective logging or clear-cutting the Batek now largely inhabit the Taman Negara National Park. "The national park has remained available to its original occupants and has become a refuge area for other Batek driven out of their home areas due to government encroachment" (Bisht & Bankoti, 2004, p. 105). Today the Batek supplement their foraging by trading forest products like rattan which is used to make furniture, baskets, and fish traps as well as gaharu which is a resinous wood used in incense and perfume (Bisht & Bankoti, 2004, p. 102). The Batek trade such items for money, food, cloth, and metal tools. The forest is a major part of the Batek's existence so they treat the forest like a "supermarket" that supplies almost all of the things they need to survive. The amount of traded food in their diet changes from season to season because they largly depend on wild foods but they do try to keep some rice in their passion. "Unlike some of us who fear the unknown that lurks in the forest, the Batek feel safe there because they have learned to deal with its potential dangers by evolving rituals and taboos and these dictate their behavior towards their environment"(Ismail, 1995). The Batek people have strong values and beliefs, which have effects on their economic and social organization, as well as how they deal with sickness and healing.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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