MiroF

30 ms·

301.
by MiroF 6y ago
Assuming bubbles are real, which is somewhat unprovable. There are careful ways to falsify different formulations of the EMH. "Bubbles" is not one.
302.
by MiroF 6y ago
I should have been clear, I was restating their question, not asking it again.
303.
by MiroF 6y ago
I think I understand the sketch of the proof and pretty familiar with the P=NP debate. Perhaps my point is pedantic, and I've also looked at the paper and seen that it doesn't try to prove an "iff" claim, but: To prove a
304.
by MiroF 6y ago
Thanks, I think I was more confused by what `world_inverse_tranpose` is.
305.
by MiroF 6y ago
Yes, much more preferable to 4 years of talking about "row vectors" and "column vectors." Perhaps not so early though. Introducing the concepts in the context of a euclidean metric seems unmotivated?
306.
by MiroF 6y ago
Ah gotcha, why don't bivectors transform normally e: I'm restating the question in a form I understand, not asking it.
307.
by MiroF 6y ago
As a physics undergrad, most of these concepts started being introduced to me once we got into relativity and coordinate shifts were much more common. I wish it had been earlier because I think it is important to have a strong idea of what
308.
by MiroF 6y ago
> One example is why you multiply normals by the world_inverse_tranpose I know linear algebra but I have no idea what the heck this means. Is this a gaming thing?
309.
by MiroF 6y ago
My take is that linear algebra should be taught before calculus and that einstein notation should be taught at the same time as matrix multiplication.
310.
by MiroF 6y ago
Most states ... except California.
311.
by MiroF 6y ago
I meant for public libraries - not schools!
312.
by MiroF 6y ago
> There's these things called books, think of them like a paper backup of a webpage. So anyways these books can have all sorts of information in them. Read: Only children who can afford a computer + internet outside of school can us
313.
by MiroF 6y ago
Porn surfing only seems like a problem if the computers are placed in plain view of everyone
314.
by MiroF 6y ago
So then it appears it is possible that P = NP and markets are not efficient, so it is not true that "Markets are efficient if and only if P=NP" because P = NP !-> Markets are efficient
315.
by MiroF 6y ago
But what about the "P=NP but nobody knows how to do it yet" case.
316.
by MiroF 6y ago
I am incredibly skeptical of the "iff" statement. How the hell could it be possible that P=NP -> Markets are efficient.
317.
by MiroF 6y ago
> Printing more money just makes the truly valuable things take more units of an inflated currency poo Only true if everything else holds constant. Also, wouldn't just apply to asset prices but all prices. Everything else, unfortuna
318.
by MiroF 6y ago
> IIRC, the latter imagines a literally brain being formed briefly out of matter. I see. FWIW I think that is a very narrow reading of the Boltzmann brain hypothesis and while it may have been true to when it was first presented, I thin
319.
by MiroF 6y ago
> This is sort of like the Boltzmann brain idea but even worse because it applies to any set of relations. According to Egan’s argument all possible experiences that can be computed by any sufficiently complex set of relations are in fa
320.
by MiroF 6y ago
Are there any major disadvantages to a nuclear winter, besides that everyone would die and the environment would be destroyed?
321.
by MiroF 6y ago
One in ten medical treatments that have had updated reviews recently are currently lacking high-quality evidence. I think it would be worrying if every medical review had high-quality evidence. Just because it's in the Cochrane dat
322.
by MiroF 6y ago
There is no such thing as "fundamentals," value is in the eye of society - so pricing is also in the eye of society. Bitcoin is operating under a great deal of uncertainty about its future prospects/the prospects of blockchai
323.
by MiroF 6y ago
Respectfully, I don't really feel like engaging with this conversation because it seems like we don't have the same basic starting points. > The cost of liquidity is instability (volatility) Just research it. Liquidity doesn&#x
324.
by MiroF 6y ago
Pricing is a function of both supply and velocity. Increasing money supply without any change in velocity or other exogenous factors is inflationary for asset prices, etc. Real-life, however, is not a vacuum [0] [0]: https://fred
325.
by MiroF 6y ago
You've confused cause and effect. Declining expectations for NGDP growth/uncertainty lead to funds searching for yield in the credit markets, leading to declining yields. Bond yields declined prior to Fed intervention [0] [0]: ht
326.
by MiroF 6y ago
But why is general asset inflation problematic? There's a pretty clear reason consumer good inflation is bad. > Asset prices seem to have diverged from the real economy because assets are primarily funded with debt Or maybe it'
327.
by MiroF 6y ago
> Bubbles don't happen in efficient markets. But how do you know a bubble ahead of time?
328.
by MiroF 6y ago
> Monetary inflation It's incorrect to refer to monetary inflation as just "inflation." If you're talking about price inflation, we're not seeing that yet - although 5 year inflation expectations are popping back
329.
by MiroF 6y ago
> taking speculative positions It's hard to define what a speculative position is. Incentivizing buying and holding would just be intentionally make markets illiquid, which a. let's bigger players take larger profits more easil
330.
by MiroF 6y ago
> I realize that metrics for this are hard to design, but we're in the 2nd millenium A.D. and it's okay for us to revise how we think about money. It's not just that the metrics are "hard" to design. It's a

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