The point is that while predictions may be repeatedly wrong, that does not nullify the underlying soundness of the data and extrapolations from that data that can be reached
onlooker wrote:The point is that while predictions may be repeatedly wrong, that does not nullify the underlying soundness of the data and extropolations from that data that can be reached
Outcast_Searcher wrote:onlooker wrote:The point is that while predictions may be repeatedly wrong, that does not nullify the underlying soundness of the data and extropolations from that data that can be reached
Nonsense, like most of your other economic opinions. Pretending one can be repeatedly (basically constantly) wrong for years and even decades, but that one's underlying premise is "sound" is pretty much loony bin territory.
Ibon wrote:Outcast_Searcher wrote:onlooker wrote:The point is that while predictions may be repeatedly wrong, that does not nullify the underlying soundness of the data and extropolations from that data that can be reached
Nonsense, like most of your other economic opinions. Pretending one can be repeatedly (basically constantly) wrong for years and even decades, but that one's underlying premise is "sound" is pretty much loony bin territory.
How about centuries or millennium. I am thinking of religions. Most humans do choose to believe in bullshit actually.
Newfie wrote:I disagree Outcast.
Humans have a terrible time dealing with time. Experts get ahead of themselves when they make firm predictions but it does not mean the underlying premise is wrong.
Newfie wrote:In that light we are saying much the same thing.
I don’t put much stock in economics, at least not the pap we the people are fed to believe about how well the “system” works.
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