Message from @TempleOfIron

Discord ID: 621769004477972490


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*

2019-09-12 18:08:57 UTC  

✊🏿

2019-09-12 18:09:01 UTC  

but if you want to make a buck off of boomers then yup thatll work 👍

2019-09-12 18:09:19 UTC  

ever consider @Kealor that the new trading bots actually CREATE their own market force

2019-09-12 18:09:28 UTC  

>harambe memes

2019-09-12 18:09:45 UTC  

they move the market so quickly, they end up acting on the impacts of their own actions

2019-09-12 18:09:48 UTC  

trading bots really should make everyone sweat alot more

2019-09-12 18:09:51 UTC  

@ManAnimal, I never said fluctuations in commodity prices was the only influencer of the CPI, rather I said it causes uncertainty because the fluctuations in commodity pricing will take years to be reflected in the CPI. Clearly, inflation is given its due, but it is accurately accounted for, if you examine their current methodology. I don't know what else to tell you, except to go to the BLS and examine it yourself.

2019-09-12 18:09:55 UTC  

rather than an actual change in market value