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We don't actually know what would happen if I went and cursed my boss out on monday morning and asked for a raise. The data simply isn't there! Therefor we sho
by anm89 6y ago
We don't actually know what would happen if I went and cursed my boss out on monday morning and asked for a raise. The data simply isn't there!
Therefor we should conclude this is a reasonable course of action.
Do we know every specific outcome in the complex system of our world and economy from elevating debt to 200 or 500 or 1000% of GDP? Of course not.
That doesn't mean we cannot predict most of the core mechanics of what will play out.