2 ms·
Given a sample size of one, it seems hard to be certain that is causation and not just correlation.
by AnimalMuppet 3y ago
Given a sample size of one, it seems hard to be certain that is causation and not just correlation.
- dragonwriter 3y agoGiven a sample size of one, its pretty hard to be certain that its correlation, either. Even if it was relevant, which its not, because in 1835 the US was on the silver standard, not US-issued fiat.
- bryanlarsen 3y agoAgreed, the effects would be much worse today, both because of the fiat currency and the larger debt. Try and imagine what taking $32T out of circulation would do to the economy.
- mr_toad 3y agoIt depends on how the repayments were made. You could cute spending and/or raise taxes to run a surplus - which would depress the economy, or simply print money.
- halJordan 3y agoEinstein had zero samples when he asserted special relativity. Now im not saying evidence is worthless. I am saying that demanding evidence and sample sizes isnt and shouldn't be a bludgeon you use to win an argument or discredit a plausible logic.
- riku_iki 3y agoEinstein shared some thoughts in support of his idea. Commenter above didn't share any why he thinks that "we know"..