jackmarxist [any] to chapotraphouse • 6 months ago289% Inflation lmaoimagemessage-square45 fedilinkarrow-up1215
arrow-up1215image289% Inflation lmaojackmarxist [any] to chapotraphouse • 6 months agomessage-square45 Commentsfedilink
minus-squareAdkml [he/him]hexbear57·6 months agoNerds love second order derivative arguments. "It's still increasing but the rate at which it's increasing is going down" Or, as people who don't have a lanyard cutting off oxygen to their brain correctly perceived it, shits still going up. link
minus-squareSacredExcrement [any, comrade/them]hexbear34·6 months ago"We're still heading off the cliff at insane speed, but the rate of acceleration has somewhat slowed" link
minus-squareCrassus@feddit.nlhexbear9·6 months agoLuckily soon we will slow down very quickly linkfedilink
minus-squareImacat@lemmy.dbzer0.comhexbear20·6 months agoNixon made a similar argument once. It’s the 3rd derivative since inflation is the first derivative of a currency’s buying power. https://en.m.wikipedia.org/wiki/Third_derivative#Economic_example linkfedilink
minus-squareOwl [he/him]hexbear11·6 months agoJust keep taking derivatives and eventually you'll find one going in the direction you want. link
minus-squareOwl [he/him]hexbear2·6 months agoHah, yeah. But on a real-world data set, even if the underlying phenomenon is e^x, you'll keep amplifying sample noise until the derivatives are basically random. Assuming you even have enough data to keep taking derivatives. link
Nerds love second order derivative arguments.
"It's still increasing but the rate at which it's increasing is going down"
Or, as people who don't have a lanyard cutting off oxygen to their brain correctly perceived it, shits still going up.
"We're still heading off the cliff at insane speed, but the rate of acceleration has somewhat slowed"
Aka we're approaching terminal velocity
Luckily soon we will slow down very quickly
Nixon made a similar argument once. It’s the 3rd derivative since inflation is the first derivative of a currency’s buying power.
https://en.m.wikipedia.org/wiki/Third_derivative#Economic_example
Just keep taking derivatives and eventually you'll find one going in the direction you want.
This is e^x erasure
Hah, yeah.
But on a real-world data set, even if the underlying phenomenon is e^x, you'll keep amplifying sample noise until the derivatives are basically random. Assuming you even have enough data to keep taking derivatives.