Everything net
Everything relevant to the thought
... So, a bit about market expectations of inflation. Right now, the yield on one-year inflation-protected Treasuries is -3.2% 1/ https://t.co/fl2zU5H36X The one-year rate on ordinary Treasuries is 0.48%. ...
... So implied expected inflation for the next year is about 3.7% (which may be a bit low, but the accuracy isn't my current point) 2/ https://t.co/xXrXQXjxQV If we look at expected 5-year inflation, it's a lot lower — about 2.8% 3/ https://t.co/YzgVNlVhng If you do the arithmetic, this says that the bond ...
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... Yet none of them experienced a crash anywhere near as large as ours. When I share this image people sometimes suggest I'm cherry picking, since other major economies don't look like the ones for the UK, Canada and France here. ...
... Oops I linked to the wrong article at the top of this thread. See more charts that explain the economy here. https://t.co/gtVBWwesGH ...
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... I expect to do a bit more of this in 2022. Our subscription revenues aren't yet close replacing my Ars salary. My wife earns enough as a physician that I can take a big pay cut without a big financial hardship for our family. I'm very lucky. ...
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... In fact, I see no hint that we'll see anything even as aggressive as JFK's (successful) jawboning on steel prices 5/ https://t.co/hlwGcMy3kq So why come down so hard on rhetoric that won't do any economic harm and might do (a bit of) good? ...
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... Not all bad ideas come from the right 5/ ...
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... Personally I think the most likely story is that the BLS (slightly) changed its methodology in the 1990s because it thought the new methodology would more accurately capture the true inflation rate. ...
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... Then the idea that 1999 and 2006 were driven by unsustainable bubbles, as opposed to just being healthy economic booms, prevented people from recognizing how far the US economy was below potential from 2010 to 2015. ...
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... The brain uses a mental language to represent and organize complex ideas and concepts. This mental language is thought to be distinct from natural languages like English or Spanish, and it is believed to be the medium through which we think and process information. ...
... Instead, it is thought to be a universal language that is used by all humans to represent and process complex ideas. Link: https://plato.stanford.edu/entries/language-thought/ ...
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... Human has been organizing thoughts/ideas in story-like linear ways since the beginning of human culture. Books, talks, and lectures are all examples of such organizations. It's not the only way we convey ideas, e.g. day to day conversations usually are more or less structure-free and spontaneous. ...
... Ideas are bouncing in all directions. In the Internet age, Twitter and other social media provide new ways to perform such conversations multilaterally, but they are not well structured. ...
... The mainstream way to communicate larger groups of thoughts/ideas in a structured way remains to be the linear structure as in books, lectures, podcasts, etc. Though they have two main shortcomings 1. ...
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... Narrative organization of ideas such as books, lectures, and talks, is excellent for the owner of those ideas to convey them to an audience. But it's not effective in enabling multidirectional exchanges of ideas in which ideas come from and go to multiple participants. ...
... We do not write each other books or give each other lectures when we need to exchange ideas. Instead, we have conversations, correspondences, tweets, comments, etc. In them, we forego structure/organization to enable smaller bits of ideas and thoughts to go freely in any direction. ...
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... The relationships between these categories of thoughts are fixed. In another sentence, there is an algebra in these elements of thoughts. ...
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... Group conversations, online communities, and coffee shop conversations have been great for exchanging ideas, but these forms usually lack organization and structure. ...
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... The connection from art appreciation to scenario-building to social skills to social competition is a bit too remote to establish selection pressure. ...
... Another possibly more direct link between art appreciation and social competition might be that the appreciation of art is an anchor for developing a common appreciation of abstract things and serves as a foundation for stronger social coherence such as religion which is also about common beliefs of ...
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... Group discussions, online communities, and coffee shop conversations are traditional ways for participants to exchange ideas. Ideas are usually freely bouncing around between participants. ...
... Ideas exchanged in such forms usually require a significant amount of later work (usually by a single individual) to be [organized into narrative structures](https://www.themind.net/observations/AfHZZXnNQmaVukmQ2I7EAw) that be easily consumed. ...
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