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|timestamp=10:55 PM Ā· Oct 17, 2025 | |timestamp=10:55 PM Ā· Oct 17, 2025 | ||
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|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1990534949397803328 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=So to sum it up: he is not wrong. | |||
I think what I said to him is that after the 1950s, [[Inflation|inflation]] became a modern tool/weapon rather than a measurement starting with the [[Price Statistics Review Committee (Stigler Commission)|Stigler Commisson]]. I explained my view that the @BLS_gov is a quiet version of the @federalreserve. An insanely powerful āStatisticsā organization where economists actually implement policy by simply chosing how to compute economic numbers. | |||
Numbers that just so happen to automatically transfer trillions and touch every aspect of our lives. | |||
He already knew a lot of the [[Boskin Commission|Boskin]]/[[Gauge Theory|GaugeTheory]] story from Harvard. Less about [[George Stigler|Stigler]] if I remember correctly. | |||
Iād love to ask Larry about all this now. | |||
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|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1990530011191992536 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=I believe [[Jeffrey Epstein|Epstein]] is referring implicitly to the ā[[Price Statistics Review Committee (Stigler Commission)|Stigler Commission]]ā of 1959-1961. | |||
This comes from a phone conversation around 2004. | |||
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|image=nkulw-profile-gpcdbDoT.jpg | |||
|nameurl=https://x.com/nkulw/status/1988837873513033941 | |||
|name=noah kulwin | |||
|usernameurl=https://x.com/nkulw | |||
|username=nkulw | |||
|content=āinflation is a concept from the 50sā what did he mean⦠| |||
|media1=nkulw-X-post-1988837873513033941-G5nFgW9XsAAL4lW.jpg | |||
|timestamp=5:14 AM Ā· Nov 12, 2025 | |||
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|timestamp=9:18 PM Ā· Nov 17, 2025 | |||
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{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1990530014107107416 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=In a telephone conversation around 2004, he somehow was already well aware of the [[Boskin Commission|1996 Boskin Commission]] and Harvard Economics department burying our work on [[Gauge Theory]] in economics called ā[[Geometric Marginalism]]ā. That seemed pretty weird at the time. | |||
With the benefit of hindsight and scrutiny, I now understand that he was connected to AT LEAST two of my colleagues from my time as an Economist in the @HarvardEcon department and @nber. To say nothing of the fact that he was connected to AT LEAST two more of colleagues from my time as an math graduate student in the @HarvardMath department. He was evidently in the background of *everywhere* I was over three and a half decades from 1985-2019. Itās astounding. | |||
I believe from memory what he means is the following: | |||
In the 1950s inflation was not yet the tool of policy that it became after the [[Price Statistics Review Committee (Stigler Commission)|āPrice Statistics Review Committeeā]] around 1960, and the indexing of Social Security to [[CPI]] in the mid 1970s. It was a simple gauge. | |||
After that time, it became a quiet tool. And a weapon. You could use it to transfer not billionsā¦but trillions. Why? Because a GIANT amount of all U.S. Federal receipts are indexed. | |||
He thought it was funny that we expected our work to be heard given that trillions were being stolen. | |||
I hope that there is a transcript of this conversation as well as the gravity phone calls about [[Theory of Geometric Unity|GU]]. If so, it will likely point back to Litauer and Rosovsky, Jorgenson and Summers. | |||
|timestamp=9:18 PM Ā· Nov 17, 2025 | |||
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|timestamp=9:38 PM Ā· Nov 17, 2025 | |||
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