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CPI (edit)

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|nameurl=https://x.com/EricRWeinstein/status/1423394651373858816
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|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=This eliminates a step or two. You may have to watch in lower resolution if you are on your phone however: https://x.com/sabinowitz/status/1423394091409330182
|thread=
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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1423391836417056773
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=I am wholly supportive of this effort. Whether this iteration succeeds or fails is immaterial. The important thing is to take inflation away from those who would disguise:
 
A) The printing of fiat money by central bankers.
 
B) The fact that economists are holding back the field.
|quote=
{{Tweet
|image=balajis-profile-LOUb2m4R.jpg
|nameurl=https://x.com/balajis/status/1423330960481816582
|name=Balaji
|usernameurl=https://x.com/balajis
|username=balajis
|content=A truly global inflation dashboard would be the next coinmarketcap. It'd be bigger than that, in fact.
 
So we're offering a little prize to build one.
|timestamp=5:11 PM · Aug 5, 2021
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|timestamp=9:13 PM · Aug 5, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1423391838778527746
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Why are they holding back the theory of index numbers ('''CPI''', GDP)? Because the more innovation, the less freedom to dial our gauges to whatever values the political patrons of macro economics ask. The field is literally held back by leading economists to preserve their own power.
|timestamp=9:13 PM · Aug 5, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1423391839638364162
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Around 1996, [[Boskin Commission|Boskin Commissioner]] Jorgensen held back the biggest unambiguous advance in mathematical economics that I am aware of in decades. It would have interfered with their finding that the '''CPI''' was 1.1% overstated. He calculated 1.1% would save a round Trillion for U.S.
|timestamp=9:13 PM · Aug 5, 2021
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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1423391840535863296
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=We can’t afford for economics to pretend it is a science in public, yet act as an incentive operated consultancy which can get you any result you need to fit the political agenda.
 
So this effort of @balajis needs to be supported! We must take this away from our current leaders.
|timestamp=9:13 PM · Aug 5, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1423391841592901635
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Inflation is like a thermometer. You ask how hot/cold it is. You don’t get to ask “What do you need the Gauge to say? How much thumb should be on the scale?”
 
This is all discussed in detail by Jim Weatherall in his book in the final chapter/epilogue:
 
https://www.amazon.com/Physics-Wall-Street-Predicting-Unpredictable-ebook/dp/B006R8PMJS/ref=nodl_
|timestamp=9:13 PM · Aug 5, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1423391842624696321
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Lastly, it is high time my co-developer of the theory got her due without being subjected to both the Matilda & Matthew effects. Man-boys really do drive technical women out of technical fields because they can’t cite a woman who is smarter than they are. Enough.
 
Go @balajis.
|timestamp=9:13 PM · Aug 5, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1423391843572617218
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=The co-developer of gauge thy in econ as a 2nd Marginal Revolution is Pia Malaney in the early 1990s at Harvard.
 
There is no reason to pretend this inflation thy never happened just to flatter power. Let’s disintermediate the old:
 
{{#widget:YouTube|id=zwiHv7xVQ_c}}
 
https://www.openculture.com/2018/08/the-matilda-effect.html
|timestamp=9:13 PM · Aug 5, 2021
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1423392839568789504
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=I think this is a great introduction to geometric marginalism and economic field theory. Hope you love it:
 
https://www.fields.utoronto.ca/talks/neoclassical-mechanics-economic-field-theory
|timestamp=9:17 PM · Aug 5, 2021
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|timestamp=9:25 PM · Aug 5, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1448707337372377090
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=A thermometer is a gauge of temperature. You can't let those trying to disguise human impact on climate change make the thermometers giving them discretion. 
 
A '''price index''' is a gauge of prices. Likewise, we need to remove as much discretion from the @BLS_gov gauge as possible.
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|nameurl=https://x.com/EricRWeinstein/status/1448707335023579146
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=For the technically inclined who are wondering about the measurment & theory of Inflation/'''CPI''' construction, I highly recommend the following search terms: "Konus index", "superlative index", "Divisia Index", "cycling problem", "mechanical index number", "COLA" and "chain index".
|timestamp=5:48 PM · Oct 14, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1448707336244064256
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=You'll soon see that "[[The Index Number Problem: A Differential Geometric Approach|The Index Number Problem]]" lies beneath everything from the measurement of the impact of prices on households/consumers, to the construction of Divisa Monetary Aggregates & the measurement of the money supply.
 
Our gauges are riddled with error & discretion.
|timestamp=5:48 PM · Oct 14, 2021
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|timestamp=5:48 PM · Oct 14, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1451991301138751488
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=X) Loss of '''Academic Freedom''' across the board in Academe.
 
Y) Loss of the Lancet and other publications as trusted non-political sources of fact.
 
Z) The true nature of @EcoHealthNYC w its relationship to @doddtra & Dr A. Fauci.
 
Moral: much of this 'ambiguity' is serving the few.
|thread=
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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1451991295149281281
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Things I don't believe we can't conclusively resolve:
 
A) COVID's origin.
 
B) The Jeffrey Epstein story.
 
C) UAP.
 
D) JFK assassination.
 
E) Vegas Shooting.
 
F) Extent of 'Democracy Fortifying' in 2020.
 
G) Efficacy of Non-Vaccines.
 
H) Mysterious WEF 'Build Back Better' mantra.
|timestamp=7:17 PM · Oct 23, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1451991296424374274
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=I) Negative impacts of Trade known to have been suppressed.
 
J) Adulteration of BLS '''CPI''' measure of inflation.
 
K) Negative economic impacts of Immigration.
 
L) Sudden spike in fake 'Objective Third Party Fact Checking'.
 
M) Sudden "Diversity Equity Inclusion" explosion.
|timestamp=7:17 PM · Oct 23, 2021
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{{Tweet
|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1451991298706079745
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Q) Joe Biden's state of cognitive decline.
 
R) Nature of MSNBC campagin against Andrew Yang.
 
S) Nature of Dean Scream, Anti-Ron Paul and other interference in democracy by Mainstream media News.
 
T) Impact of loss of mandatory retirement on young people seeking work.
 
U) Rex84.
|timestamp=7:17 PM · Oct 23, 2021
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|image=Eric profile picture.jpg
|nameurl=https://x.com/EricRWeinstein/status/1451991299838529541
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=V) Collusion between National Academy and National Science foundation division of Policy Research and Analysis to fake demographic crisis in mid 1980s.
 
W) Lack on anyone building the significant & desperately needed new non-profit institutions despite skyhigh wealth inequality.
|timestamp=7:17 PM · Oct 23, 2021
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|timestamp=7:17 PM · Oct 23, 2021
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|nameurl=https://x.com/EricRWeinstein/status/1455056318947938305
|name=Eric Weinstein
|usernameurl=https://x.com/EricRWeinstein
|username=EricRWeinstein
|content=Can just *one* of them compute a simple Cost-Of-Living CPI for a consumer whose notion of well-being evolves even *slightly* during any period in question?
 
I claim not. Let's not get carried away with this concept of economic experts. This field first needs to become healthy.
|quote=
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|image=SecretaryPete-profile-6CqrbW6U.jpg
|nameurl=https://x.com/SecretaryPete/status/1454923266200584193
|name=Secretary Pete Buttigieg
|usernameurl=https://x.com/SecretaryPete
|username=SecretaryPete
|content=An important, under-appreciated feature of the Build Back Better package is how it helps fight inflation.
 
It’s not just us saying so - leading economists and analysts have pointed this out.
https://fortune.com/2021/09/21/nobel-prize-winning-economists-back-joe-biden-build-back-better-plan/
|timestamp=9:28 PM · Oct 31, 2021
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|timestamp=6:17 AM · Nov 1, 2021
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