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I lost interest before I got to his political point (about inflation), but the comments made me go back and while it’s an interesting point, it ignores the fact
by dhosek 4y ago
I lost interest before I got to his political point (about inflation), but the comments made me go back and while it’s an interesting point, it ignores the fact that the current bout of inflation is almost certainly a consequence of the Covid stimulus plus the supply chain disruptions with a dose of war in Ukraine. And it turns out that inflationary pressures seem to be declining outside of the volatile food and energy sectors (see https://jabberwocking.com/inflationary-pressure-seems-to-be-easing/ https://jabberwocking.com/inflationary-pressure-seems-to-be-...). I have a bit more faith in domain-specific analysis than abstract mathematical approaches.
- civilized 4y agoIt's like "I know math so take me seriously" but then the posts don't use the math in any meaningful way. Not that I think they should use the math. Just skip the systems lectures and the "there is math behind this" and go straight to the analysis.