Yes! Someone who gets it. It’s worth pointing out that my “1-2% a year” is a highly conservative estimate based on the aspects of CPI that are objectively questioned by respected economists. If we broaden it to more subjective analysis by a wider range of academics it’s 3-4% per year. Finally, if we really step back and ask some big questions, 5% is not outside the realm of possible.
I am guessing that the both of us share in common something like a data anaylst or accountant background, degrees relevant to something like that…
You have to actually understand statistics, math, the relevant background concepts and terms.
Almost no ‘normal’ person bothers with all this, unless they’re getting paid to.
But yeah… actual academic economists have been pulling their hair out over this kind of shit for decades, they have actually complex stances on this stuff and do novel research and such.
But the pop culture version of an economist is basically either A) some kind of corpo sell out who just justifies things for the company B) highly connected old money goober type that ends up at the Fed or a major bank C) fucking larry kudlow or jim cramer D) insane political ideologue who somehow happened to get an econ degree and then entirely use that to be a political ideologue.
Anyway, what I remember of game theory with imperfect information strongly suggests to me that we are all compketely fucked for the forseeable medium term, lol.
I am guessing you would be correct in the majority of cases, but in this one I’m just a bored low-grade polymath who spent a weekend researching (real research- primary sources, academic journals, etc… NOT watched two ticktocks) this topic and am infuriated at the situation and the professional reality you laid out.
Yes, the near future looks incredibly grim. Make America Great Depression Again.
Ah, so you are like me, or the category I described, you just haven’t the formal education or work experience.
… possibly because you are capable of doing / understanding the math to the extent that you can explain why you can’t afford such an education, or get such a job.
Keep that curiosity and analytical skepticism and skill alive, it will be highly useful in that ‘medium term’ I was describing, lol.
… you wouldn’t happen to have any coding or game dev experience, would you?
I’m retired by way of injury these days… I can’t offer any money upfront, but you sound like the kind of person I would want to at least brainstorm ideas with, genuinely.
Yes! Someone who gets it. It’s worth pointing out that my “1-2% a year” is a highly conservative estimate based on the aspects of CPI that are objectively questioned by respected economists. If we broaden it to more subjective analysis by a wider range of academics it’s 3-4% per year. Finally, if we really step back and ask some big questions, 5% is not outside the realm of possible.
I am guessing that the both of us share in common something like a data anaylst or accountant background, degrees relevant to something like that…
You have to actually understand statistics, math, the relevant background concepts and terms.
Almost no ‘normal’ person bothers with all this, unless they’re getting paid to.
But yeah… actual academic economists have been pulling their hair out over this kind of shit for decades, they have actually complex stances on this stuff and do novel research and such.
But the pop culture version of an economist is basically either A) some kind of corpo sell out who just justifies things for the company B) highly connected old money goober type that ends up at the Fed or a major bank C) fucking larry kudlow or jim cramer D) insane political ideologue who somehow happened to get an econ degree and then entirely use that to be a political ideologue.
Anyway, what I remember of game theory with imperfect information strongly suggests to me that we are all compketely fucked for the forseeable medium term, lol.
I am guessing you would be correct in the majority of cases, but in this one I’m just a bored low-grade polymath who spent a weekend researching (real research- primary sources, academic journals, etc… NOT watched two ticktocks) this topic and am infuriated at the situation and the professional reality you laid out.
Yes, the near future looks incredibly grim. Make America Great Depression Again.
Ah, so you are like me, or the category I described, you just haven’t the formal education or work experience.
… possibly because you are capable of doing / understanding the math to the extent that you can explain why you can’t afford such an education, or get such a job.
Keep that curiosity and analytical skepticism and skill alive, it will be highly useful in that ‘medium term’ I was describing, lol.
… you wouldn’t happen to have any coding or game dev experience, would you?
I’m retired by way of injury these days… I can’t offer any money upfront, but you sound like the kind of person I would want to at least brainstorm ideas with, genuinely.