Message from @ManAnimal

Discord ID: 621768685585039381


2019-09-12 18:00:08 UTC  

yes, yes. i am familar with the literature

2019-09-12 18:00:14 UTC  

This isn't literature.

2019-09-12 18:00:15 UTC  

don't beleive everything you read

2019-09-12 18:00:35 UTC  

well there was that stat released that only ~30% of investment cash ever really returned to the economy

2019-09-12 18:00:35 UTC  

The methodology for calculating the CPI has undergone revision since the issue of overstating inflation.

2019-09-12 18:00:48 UTC  

though i believed that didnt factor in depressions

2019-09-12 18:00:54 UTC  

that except doesn't even address the real isssue of concern

2019-09-12 18:00:56 UTC  

And, I don't merely believe everything I'm seeing, having been an economics major, myself.

2019-09-12 18:01:46 UTC  

taking their time

2019-09-12 18:01:48 UTC  

it argues the merits of the adjustments but ASSUMES they can actual quantify something concisely that contains a massive about of uncertainty

2019-09-12 18:02:46 UTC  

fact: my mortgage was 15x what a family with half my income could comfortably afford before i bought it

2019-09-12 18:03:12 UTC  

my parents could live comfortably on a few hunderd dollars per month

2019-09-12 18:03:53 UTC  

the purchasing power per dollar has been dramatically reduced however the metrics don't consider a 'per unit' approach

2019-09-12 18:04:29 UTC  

yeah thats the major flaw in alot of economic interpretations these days

2019-09-12 18:04:36 UTC  

yeah, i know

2019-09-12 18:05:16 UTC  

The only uncertainty I see is the fact it may take years for commodity fluctuations to catch up with the CPI.

2019-09-12 18:05:17 UTC  

you see them try sometimes but once you do any digging they allways do something autistic like base it on some arbitrary/global scale

2019-09-12 18:05:30 UTC  

You just referenced inflation again.

2019-09-12 18:06:30 UTC  

input --> blackbox --> output; per unit approach examines the ratios of each per operation of the same black box; i.e. what it took to live comfortably in 1950 vs 2019 scaled to a single $1

2019-09-12 18:06:46 UTC  

that is nOT the 'only uncertainty'

2019-09-12 18:06:55 UTC  

i believe godman is distinguishing between price of good inflation and injection inflation

2019-09-12 18:07:07 UTC  

that entire statement is as alarming as saying 'causality is like correlation'

2019-09-12 18:07:11 UTC  

If you guys want to earn big money

2019-09-12 18:07:14 UTC  

no it certainly is not

2019-09-12 18:07:16 UTC  

get into developing AR apps

2019-09-12 18:07:22 UTC  

AR is the next big thing for investors

2019-09-12 18:07:38 UTC  

augmented reality right?

2019-09-12 18:08:01 UTC  

yes @Kealor, and the fact that the nature of 'uncertainty' is that you can't account for all the possible things you might be overlooking

2019-09-12 18:08:02 UTC  

Yeah. Most of my clients are buying up loads of companies who make AR Apps

2019-09-12 18:08:14 UTC  

I think Google and Apple are coming out with AR glasses

2019-09-12 18:08:19 UTC  

eh boomers investing in the wrong places

2019-09-12 18:08:24 UTC  

you are right actually

2019-09-12 18:08:30 UTC  

AR for day trading?

2019-09-12 18:08:36 UTC  

BIG oppurtunities

2019-09-12 18:08:44 UTC  

AR will either be a fake meme or destabilize the world so hard that investments wont even matter lol

2019-09-12 18:08:45 UTC  

Yeah developing and investing

2019-09-12 18:08:52 UTC  

boomers rise up

2019-09-12 18:08:54 UTC  

Minecraft AR is going to be very bid

2019-09-12 18:08:55 UTC  

we are alrady there

2019-09-12 18:08:56 UTC  

big*