napoleon_thepig

5 ms·

1.
by napoleon_thepig 3y ago
>Not exactly. I just sent this link to my (Argentine) friends with a different observation. My observation was: The United States is starting to look like Argentina. As someone who is studying economics in Argentina... You're pretty
2.
by napoleon_thepig 3y ago
I don't think you understand macroeconomics (or the undergrad level curves you're mentioning)
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by napoleon_thepig 3y ago
The F-16 is the most numerous fighter jet in existence today and some countries are replacing them with F-35s, so there are a few dozen F-16s that might be available soon for Ukraine. On the other hand, the amount of Gripens availabl
4.
If you're so smart, why aren't you someone in an economics model?(pricetheory.substack.com)
1 points by napoleon_thepig 4y ago|1 comments
5.
by napoleon_thepig 4y ago
Unless the country in question only consumes big Macs, using that index as a measure of inflation would be a terrible idea.
6.
by napoleon_thepig 4y ago
The main objective of the big Mac index is not to measure inflation, it's to measure purchase parity power by using the price of something that is available in almost every country and has a very standard quality.
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by napoleon_thepig 4y ago
Brace yourselves for people commenting with a lot of confidence in what they're saying, but without actually having read anything about the topic.
8.
by napoleon_thepig 4y ago
This is just... wrong, to put it mildly. When it comes to serious financial modeling in big firms, everything from PDEs and stochastic calculus to cutting edge forecasting models and deep learning is fair game.
9.
by napoleon_thepig 4y ago
I agree and I think that FE is a well designed entertainment product, considering the technology and budget limitations they have.
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by napoleon_thepig 4y ago
The problem with this comparison is that F1 cars have a lot more downforce (and therefore drag) than FE cars, which means that F1 cars have a relatively low top speed. Add to this the fact that race distance is a lot shorter in FE and that
11.
by napoleon_thepig 4y ago
It's one thing to say that every country experiences inflation a few times in history, which might or might not be the case, depending on your definition of high inflation. Argentina's Consumer Price index rose 6.7% during March.
12.
by napoleon_thepig 5y ago
This is kind of already happening with services like Google cloud translation.
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by napoleon_thepig 5y ago
While I agree that there's a lot of marketing speak here, I have to note that: 1) You wouldn't expect zero margin, you would expect normal margin, that is, these companies should have around the same margin as the average of the r
14.
by napoleon_thepig 5y ago
This assumes that the only possible cause of inflation is fiscal deficit monetization. This is just wrong. You could have scenarios where the central bank does not change policy but money supply increases because banks are lending more mone