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|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371161281109970945 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Iâve been on your side...w gauge theory...since well before BTC. Early 1990s. The goal is to disintermediate the institutional players to liberate markets to avoid tyranny. So running me down using bullshit to score points is anti-Bitcoin in spirit. Makes us all look weak & dumb. | |||
|thread= | |||
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|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371161280485023744 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=But telling me that Juan Maldacena is a genius for writing about gauge theory and markets and that I am a mere entertainer who needs to know is place is absurd. Funny actually. | |||
Tell me bitcoiners: where do you think the great Juan Maldacena got this genius idea? Think about it.. | |||
|timestamp=6:08 PM ¡ Mar 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371161279839150081 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Let us imagine that Governments wake up. That they realize that the way to control what that cannot control is violence. In such a situation, I donât want a record of all transfers. Even an anonymous record. Thatâs what I am on about.  Perhaps that is misguided. If so: explain. | |||
|timestamp=6:08 PM ¡ Mar 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371161279226802178 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Markets are the alternative to tyranny and central control. And having a digital gold is essential. I am not trying to save BTC. I am not trying to introduce a new alternative coin. I am worrying about tyranny and the blockchain as ledger. I am worried about what is to come. | |||
|timestamp=6:08 PM ¡ Mar 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371161278618562564 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The important thing is that BTC is a hedge against the manipulation of the world by central banking, economists and corrupt institutions. If you can accept that it is not my religion I can accept that it is without peer among recent inventions: markets ARE the alternative to war. | |||
|timestamp=6:08 PM ¡ Mar 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371161276953468930 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=I really appreciate this change in heart. | |||
So much so that I want to reciprocate: BTC is one of the most important developments of our lives. I read Allenâs piece. Iâd like to engage your community as I take you all very seriously. But I donât think I am who you see me as being. | |||
|timestamp=6:08 PM ¡ Mar 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371161282255089665 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Anyway, I would love to learn from your community as well as to share what I know. And I am not looking to introduce a âshitcoinâ. | |||
But a request: letâs cut the bs displays? Itâs corroding us all and we now have a common threat in central banking & rigged markets to defeat. đ | |||
|timestamp=6:08 PM ¡ Mar 14, 2021 | |||
}} | |||
|timestamp=6:08 PM ¡ Mar 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371192273212338181 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=What was funny about Allenâs medium piece was that he didnât catch that he the bitcoiner was being the credentialist. Allen was happily quoting our own original ideas back to us..but via Juan Maldacena. A legacy of credentialism and a failure of âProof of workâ. Hilarious really. | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371190427261399042 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Yes. But it is âYou pl.â My co-discoverer is @PiaMalaney who Maldacena sourced but didnât (originally) cite. | |||
You can read all about the discovery and burial of Gauge Theoretic economics by the Boskin Commissioners on the Harvard Economics Faculty in âThe Physics of Wall Street.â | |||
|timestamp=8:04 PM ¡ Mar 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371192274806267904 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=You can read all about this attempt to disintermediate legacy economics in the final chapter and epilogue of this best selling book from a few years ago by Jim Weatherall in the time before Satoshi: | |||
https://t.co/oyB3snTBv0 | |||
|timestamp=8:11 PM ¡ Mar 14, 2021 | |||
}} | |||
|timestamp=8:11 PM ¡ Mar 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371842154067337217 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=[Note: I say Ruler because if I say âGaugeâ the online BTC community freaks out and thinks itâs under attack from outsider âshitcoinersâ. Which it isnât. But whatever. Toxic fun. They are convinced they donât speak prose and that BTC & USD arenât gauges. And hey: Number go up...] | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371838614213115917 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The question about Gold is a good one. But, more broadly, should we be synthesizing a numeraire from a basket of fairly Rigid rulers that doesnât include USD? We say âstocks surged across the board todayâ when we really mean âOur centrally managed USD ruler plummeted today.â | |||
|timestamp=2:59 PM ¡ Mar 16, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371838613147750403 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=If the USD went hyperinflationary this would clearer: we shouldnât be using a fiat currency as our ruler because it is subject to mismanagement by central banking. Visa and MasterCard are tied to a manipulated ruler doing two things: measuring things and driving BTC demand. | |||
|timestamp=2:59 PM ¡ Mar 16, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371838611587485704 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=This is the problem with valuations universally using USD or other managed fiat currencies as Numeraire. | |||
Put simply, you have 2 effects. One is the measurement of a rigid ruler (BTC) by a rubber ruler (USD), the second is the fear of rubber rulers leading to demand for rigid one. | |||
|timestamp=2:59 PM ¡ Mar 16, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371838617807650818 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Moral: we should synthesize a new ruler (numeraire) XXX to measure USD/XXX & BTC/XXX separately as institutions tied most directly to USD may strongly co move in ways that disguise the dangers when a (mis)managed USD ultimately becomes the main story. Donât let the Dollar hide. | |||
|timestamp=2:59 PM ¡ Mar 16, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371838616410992640 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=To sum up: the big story is that USD/USD is the problem. We put the dollar in our blind spot. It is moving around violently, but it makes everything else that doesnât co-move with it look violent. The fact that so much co-moves w our crazy rubber ruler drives demand for XAU,BTC. | |||
|timestamp=2:59 PM ¡ Mar 16, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1371838615299497989 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=We canât use BTC for numeraire if we want to measure it: BTC/BTC will never move. But we can have a basket of precious metals, crypto & even CHF if we want to see USD & BTC moving separately. I just want to move away from having the USD as ruler as it is subject to seigniorage | |||
|timestamp=2:59 PM ¡ Mar 16, 2021 | |||
}} | |||
|timestamp=3:13 PM ¡ Mar 16, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1377568727139553289 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@luecki23 @allenf32 Iâm not against that. | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1377557836234907648 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@allenf32 That is about right. We appear to still be divided on toxicity but not on substance. I was trying to say this if I understand you correctly. I also understand that your community has needed to defend itself. Donât stop as I have been fighting your same enemies. But, Iâm not them. | |||
|timestamp=9:45 AM ¡ Apr 01, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1377559021255819268 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@allenf32 I just wanted not to have the worldâs digital currency barking anonymous transactions to those in control of violence. Iâm not for lawlessness but I am for privacy and donât want BTC vulnerable to angry state actors when nations awaken to the threat to fiat currency & C-banking. | |||
|timestamp=9:50 AM ¡ Apr 01, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1377560084667043840 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@allenf32 Remember this: those in control of the printing presses which devalue fiat currency through seigniorage are also in control of the guns needed to enforce the use of fiat currency. | |||
And Iâm not even a libertarian. Just a soul who hates being controlled by economists who lie to us. | |||
|timestamp=9:54 AM ¡ Apr 01, 2021 | |||
}} | |||
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|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1377563338591338497 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@btcede @allenf32 No. Iâm not telling you something you donât know. Iâm trying to think about what technology might lack this vulnerability and on what theory it would be based around. But...Letâs leave that for a while. | |||
|timestamp=10:07 AM ¡ Apr 01, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1377568080625287170 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@btcede @allenf32 Happy to think in those terms as well. Will need teachers. Canât do toxic. But otherwise, yes. However Iâve been on gauge theory and markets since the early 1990s and that has been our baby since well before Satoshiâs masterstroke. Why not assume itâs additive and not rivalrous? | |||
|timestamp=10:26 AM ¡ Apr 01, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1377568249626427394 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@btcede @allenf32 Have to switch gears for a bit now. | |||
|timestamp=10:27 AM ¡ Apr 01, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1377568484264194048 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@StopAndDecrypt @allenf32 Will do in a bit. Thx. | |||
|timestamp=10:28 AM ¡ Apr 01, 2021 | |||
}} | |||
|timestamp=10:29 AM ¡ Apr 01, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1382366171542876166 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=In any event, I stand by my claim. The Boskin Commission was organized by Moynihan and Packwood to deliberately break the CPI in a precise amount to avoid the US paying 1 trillion dollars over 10 years. | |||
And I promise you no leading economist will call bullshit to debate this. | |||
|thread= | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/1382366170766987269 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Itâs kind of an interesting puzzle. Why is it that a Harvard Professor (Mankiw) can say the truth which is that this was a conspiracy to cut entitlements. But the only two people who can CALCULATE a COLA for changing tastes are crazy for saying their work was deliberately buried? | |||
|timestamp=4:12 PM ¡ Apr 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1382366169257021441 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=One of the things my trolls like to point to is outrageous claims. | |||
One of my most *outrageous* is that my joint work on a 2nd Marginal Revolution for economics was scuttled by the Harvard Department of Economics Boskin Commissioners. | |||
Yet itâs admitted: | |||
https://t.co/4sC3Pwvtyu https://t.co/CYfjbozjSg | |||
|media=EricRWeinstein-X-post-1382366169257021441-Ey8mtHXVoAMUYqS.jpg | |||
|timestamp=4:12 PM ¡ Apr 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1382366173073793027 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The moral of the story to me is this: | |||
We canât have outside folks calculating and theorizing while the inside economists are fudging and cooking the books. | |||
And calling me crazy wonât change a thing when this is finally understood. Itâs simply institutional academic malpractice. | |||
|timestamp=4:12 PM ¡ Apr 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1382366172302041100 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=On of the reasons is that one of the commissioners bragged about this being the motivation behind the scenes. | |||
Okay. So why canât we have gauge theoretic economics reevaluated? Everyone admits this is what happened. Why continue to bury the advance? | |||
I dunno. But itâs amazing! | |||
|timestamp=4:12 PM ¡ Apr 14, 2021 | |||
}} | |||
|timestamp=4:12 PM ¡ Apr 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1390418690001182720 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=What the US may need most is what employers will consider a deep and crippling 50 year âlabor shortageâ. | |||
Bring on these scary âlabor shortagesâ.âLabor shortagesâ mean strong families. âLabor shortagesâ mean inclusion & diversity *organically*. | |||
âLabor shortagesâ mean happiness. | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1390416885980614656 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=There is no such thing in economics as a âlabor shortageâ for a large market economy with a wage mechanism. | |||
You may thus gauge your media, think tanks, economics departments, political parties, corporations etc. by whether they discuss âlabor shortagesâ: | |||
https://t.co/VxtILAZUv6 | |||
|timestamp=9:23 PM ¡ May 06, 2021 | |||
}} | |||
|timestamp=9:30 PM ¡ May 06, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1392546868006035460 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=[[Morals|Moral]]: whoever constructs [[CPI]] and GDP numbers in a dynamic economy is in a position to fake higher growth and lower [[Inflation|inflation]] if they are also in a position to stop the field from debating methodological advances that would restrict the freedom to make up index number recipes. đ | |||
|thread= | |||
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|nameurl=https://x.com/EricRWeinstein/status/1392546866756083712 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Watch the US [[CPI]] revisions and methodology going forward. People who like to print money tend to want to change their definition of [[Inflation|inflation]] and therefore donât like anyone taking away freedom to make up methodologies to suit their political objectives involving wealth transfer. | |||
|timestamp=6:26 PM ¡ May 12, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1392546866005307392 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=If youâre going to push us all to move to âtrueâ âeconomicâ indices & chain them to reflect dynamic actors (or to disguise true inflation!), you would end up chaining ordinal preferences. And you canât do that without [[Gauge Theory|gauge theory]] because it is a problem in parallel transport. | |||
|timestamp=6:26 PM ¡ May 12, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1392546865275555840 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Economists are holding their own field back by retaining their freedom to just cook up any revised index they want. | |||
Itâs as if physicists retained the right to define temperature differently every year based on a closed door meeting and manufactured new thermometers thereafter. | |||
|timestamp=6:26 PM ¡ May 12, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1392546864537374720 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The problem of inflation index calculation has not been adequately updated since Ragnar Frisch destroyed Irving Fisherâs attempt to axiomatize economic indices following the last great advances of F. Divisia and A. KonĂźs on continuous and welfare indices respectively. | |||
|timestamp=6:26 PM ¡ May 12, 2021 | |||
}} | |||
{{Tweet | |||
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|nameurl=https://x.com/EricRWeinstein/status/1392546863098695681 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=[[Claims|Claim]]: when it comes to [[Inflation|inflation]] and growth, Economists donât even understand the theory of their *own* price and quantity indices mathematically: | |||
https://t.co/ylafPzi56y | |||
|timestamp=6:26 PM ¡ May 12, 2021 | |||
}} | |||
|timestamp=6:27 PM ¡ May 12, 2021 | |||
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|content=No. Economics is an avoiding gauge theory, connections, Lie Groups, etc so it can retain its political relevance as an expert consultancy. Iâm with the crypto folks on this. Our economy must be protected from Seigniorage (printing money) and [[CPI]] tampering (e.g. [[Boskin Commission]]). | |content=No. Economics is an avoiding [[Gauge Theory|gauge theory]], connections, Lie Groups, etc so it can retain its political relevance as an expert consultancy. Iâm with the crypto folks on this. Our economy must be protected from Seigniorage (printing money) and [[CPI]] tampering (e.g. [[Boskin Commission]]). | ||
|timestamp=6:52 AM ¡ Jun 15, 2021 | |timestamp=6:52 AM ¡ Jun 15, 2021 | ||
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|content=[[CPI]] should notâŚMUST NOTâŚbe adjustable to disguise inflation. It needs to be protected from the FED diluting the power of money and the BLS being free to disguise the effects by changing the method of construction. | |content=[[CPI]] should notâŚMUST NOTâŚbe adjustable to disguise [[Inflation|inflation]]. It needs to be protected from the FED diluting the power of money and the BLS being free to disguise the effects by changing the method of construction. | ||
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|timestamp=6:59 AM ¡ Jun 15, 2021 | |timestamp=6:59 AM ¡ Jun 15, 2021 | ||
}} | |||
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|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1404825650209312775 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@Choppy01080344 âFrom Soho down to Brightonâ | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1404822935257243648 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Note: by the presence of the words âMay be Seenâ, the existence of indisputable archeological records in both cases & the fact that âfrom Water to other Waterâ is the same abstraction, the tweet canât be wrong per se. | |||
So Iâll gauge how right it is by the violence of reaction. | |||
|timestamp=3:27 PM ¡ Jun 15, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1404822934447738883 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=âFrom The River to the Seaâ | |||
âFrom Sea to Shinning Seaâ | |||
May be seen as rationalizing slogans evoking a common spectrum of expected reactions from the inconvenient âFirst Peoplesâ against whom they can be targeted. | |||
Additionally: In both cases those who came later develop rights. | |||
|timestamp=3:27 PM ¡ Jun 15, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1404824064795942913 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=<nowiki>*</nowiki>shining. | |||
|timestamp=3:32 PM ¡ Jun 15, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1404824196341895168 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@alexbilz Thanks! | |||
|timestamp=3:32 PM ¡ Jun 15, 2021 | |||
}} | |||
|timestamp=3:38 PM ¡ Jun 15, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1415572141366333440 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=After reviewing our theory of geometric welfare, a top economics department has invited me to lecture on [[Inflation|inflation calculation]] & [[Gauge Theory of Economics|gauge theoretic economics]] in the fall. I admire courage to try new things: letâs stop being pussies & build again. | |||
More details when itâs finalized⌠| |||
|timestamp=7:21 AM ¡ Jul 15, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1423394651373858816 | |||
|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: | |||
|thread= | |||
{{Tweet | |||
|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. | |||
|timestamp=9:13 PM ¡ Aug 05, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1423391840535863296 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=We canât 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 05, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1423391839638364162 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Around 1996, 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 05, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|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 05, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1423391843572617218 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The co-developer of [[Gauge Theory|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. Letâs disintermediate the old: | |||
https://t.co/1wZjpc738K | |||
https://t.co/ceiThcrmek | |||
|timestamp=9:13 PM ¡ Aug 05, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|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 canât cite a woman who is smarter than they are. Enough. | |||
Go @balajis. | |||
|timestamp=9:13 PM ¡ Aug 05, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|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 donât get to ask âWhat do you need the Gauge to say? How much thumb should be on the scale?â | |||
This is all discussed in detail by Jim Weatherall in his book in the final chapter/epilogue: | |||
https://t.co/Wjx8S1uuck | |||
|timestamp=9:13 PM ¡ Aug 05, 2021 | |||
}} | |||
{{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://t.co/SLOhuswMwL | |||
|timestamp=9:17 PM ¡ Aug 05, 2021 | |||
}} | |||
|timestamp=9:25 PM ¡ Aug 05, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|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". | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|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. | |||
|timestamp=5:48 PM ¡ Oct 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|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 [[Gauge Theory|gauges]] are riddled with error & discretion. | |||
|timestamp=5:48 PM ¡ Oct 14, 2021 | |||
}} | |||
|timestamp=5:48 PM ¡ Oct 14, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461434251107180551 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=<nowiki>#</nowiki>bitcoin #Crypto #nft #Blockchain #Decentralization #DeFi #web3 #inflation #cpi #Trade #[[Gauge Theory|gaugetheory]] | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461432604477911040 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=We donât always agree. Iâve no idea how Satoshi took aim at I) above. And I donât yet know how to explain the importance of [[Gauge Theory|gauge theory]] to Gold ([[Gauge Theory|physical Gauge Theory]]), Prices/Quantities ([[Gauge Theory|abelian GT]]), Trade ([[Gauge Theory|non-abelian GT]]) and Utility ([[Gauge Theory|infinite dim GT]]): | |||
https://t.co/16D1phhNTC | |||
|timestamp=8:34 PM ¡ Nov 18, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461432608923914241 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=But weâve been working together behind the scenes. I so appreciate @Breedlove22 coming to Chicago to witness what I hope will be the beginning of an attack on abuses of perhaps the second most dangerous printing press in Washington as inflation heats up. | |||
Thanks #Bitcoiners: LFG. https://t.co/Oo16iBbVnv | |||
|media=EricRWeinstein-X-post-1461432608923914241-FEgNNkoVEAAcdGr.jpg | |||
|timestamp=8:34 PM ¡ Nov 18, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461432612933693442 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Bitcoiners, open minded economists & math/physics folks: we have a serious problem navigating world markets using indicators that currently rely on *preposterous* assumptions (homotheticity, law of one price, stable tastes, etc) Economics needs more eyeballs on it from outside.đ | |||
|timestamp=8:34 PM ¡ Nov 18, 2021 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1461432611918651392 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Lastly when we trade with nations that have a different currency from ours, how can we measure inflation of both separate currencies relative to two baskets (imports & exports) without artificially assuming the law of one price? | |||
We *must* innovate here: | |||
https://t.co/2xyIv0UONT | |||
|timestamp=8:34 PM ¡ Nov 18, 2021 | |||
}} | |||
|timestamp=8:40 PM ¡ Nov 18, 2021 | |||
}} | |||
=== 2022 === | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1526615661429960705 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@PokerPrimer Stylized. We arenât there yet. | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1526603209023770624 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The COST OF LIVING that @BLS_gov pretends to calculate, for any price vectors as above is now a function on the 2-simplex (a_F,b_g) called the Laspeyres Konus formula. | |||
Only one computer programmer needs to be able to understand the above. She can build the function in python. | |||
|timestamp=4:39 PM ¡ May 17, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1526604125344960512 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=That is not [[Gauge Theory|gauge theoretic]] yet because we are assuming fixed tastes. But we have to understand the **mountain** of layered nonsensical assumptions in [[CPI]] measurements of COL inflation. CPI as COL isnât even consistent with pre-[[Gauge Theory|gauge theoretic]] theory. Itâs sort of unbelievable. | |||
|timestamp=4:42 PM ¡ May 17, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1526604563880415232 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=<nowiki>#</nowiki>[[Inflation|inflation]] #[[CPI]] #CostOfLiving | |||
|timestamp=4:44 PM ¡ May 17, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1526607459757936648 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@yagokf A field is already better than a single scalar. | |||
Look up: | |||
COBB-DOUGLAS preferences</br> | |||
LASPEYRES KONUS price index</br> | |||
INCOME EXPANSION PATH | |||
I made it so that there is not much more to it. You just have to back out what the consumer demands from maximizing utility under given prices. | |||
|timestamp=4:55 PM ¡ May 17, 2022 | |||
}} | |||
|timestamp=5:28 PM ¡ May 17, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1552776702366846977 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@TEMguru That U(1) is the circle at every point in space time. Itâs minimal [[Gauge Theory|gauge coupling]] via a character is the chain between the gears. Câmon. | |||
|timestamp=10:03 PM ¡ Jul 28, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1564042760738316288 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@miraclehwip Ainât it just? | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1564028332550676480 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=According to physics, youâre a wave. A conscious wave. | |||
As a conscious wave, you were curious as a child. The most natural question for a conscious wave is probably âIf Iâm but a conscious wave, in what medium am I an excitation?â | |||
Yet most waves never ask this question. | |||
Why? | |||
đ https://t.co/l8zRhhMZEu | |||
|timestamp=11:13 PM ¡ Aug 28, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1564032123798884353 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=The short answer is âYou appear to be a wave in a structure called a Fiber Bundle.â of which many have never heard. | |||
I talk about Fiber Bundles a lot because they appear to underlie all of existence, and am thus very confused by physicists who donât discuss them. Itâs so odd. https://t.co/QwLeBEkbLL | |||
|timestamp=11:28 PM ¡ Aug 28, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1564032128546787328 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=For years this has been the leading image of a fiber bundle on Google Image search. This I take as proof that the human race is slightly insane: Our leading image of the underlying medium of existence itself looks to me like a bandaid/plaster that has been ripped off a hairy arm. https://t.co/YptHgWAsRo | |||
|media=EricRWeinstein-X-post-1564032128546787328-FbSO7ptUsAEprSW.jpg | |||
|timestamp=11:28 PM ¡ Aug 28, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1564035074152026115 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=We created this picture so that you would have a picture of what a â[[Bundles|Fiber Bundle]] with [[Gauge Theory|Gauge Potential]]â actually is. So that everyone could see in what type of structure they actually vibrate. | |||
So far as I know, this is the only animation of its kind: | |||
https://t.co/vDEoM6WuwA | |||
|timestamp=11:39 PM ¡ Aug 28, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1564037222738771970 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Would love to get back to explaining things about the true wonder of our existence. | |||
If you are fascinated by Entanglement, Quantum Weirdness, Relativity Theory, The Multiverse, String Theory etc, most of you would be better served studying fiber bundles: | |||
https://t.co/9mgJvpiJEH | |||
|timestamp=11:48 PM ¡ Aug 28, 2022 | |||
}} | |||
|timestamp=12:10 AM ¡ Aug 29, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589389954882637824 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=@DanielCDolmar https://t.co/7iiemFvfy9 | |||
|thread= | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589287901804007425 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Great question. Inflation is SUPPOSED to be a group valued field. In the case of bilateral trade itâs an element of GL(2,R) although the economists havenât gotten there yet. But it is mostly not a field on Geography. Itâs a field on path, Loop, preference and geographic spaces. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589287905289449473 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Q1: Why is it a field on Preferences? | |||
A1: Because a true COLA is not an index on baskets (mechanical index) but on welfare derived from baskets (economic index). BLS misrepresents CPI being COLA-driven abusing work of Erwin Diewert on Superlative indices. A COLA prices WELFARE. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589287910238748672 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Q3: Why is inflation a field on Path Spaces of Looped Preferences/Prices? | |||
A3: Loosely, Index number theory really died w/ work of Ragnar Frisch (rightly) destroying Irving Fischerâs misguided work on axiomatic tests for bilateral (2 period) mechanical index numbers. Hereâs why. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589287908305174532 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=A2 Continued: If you donât make loops of tastes and prices, you will show meaningless regular inflation if prices, quantities and tastes Circle back to their initial Jan 1 values. This confuses economic experts (Like Diewert) when it comes to chain/path indicesâŚwhich is up next. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589287906795229185 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Q2: Why is inflation a field on LOOP spaces of preferences? | |||
A2: Tastes are seasonal. In USA âWe never spill Egg Nog on our bikinis.â What you both want & price HAS to be made seasonal to avoid the Cycling Problem (Holonomy) in index number thy. So we have LOOPS of tastes/prices. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589287913267007488 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=A3 Cont.: Our response: âAh. That would be true but for 2 differences! First, Indices live in markets with *prices*. Our methods *donât* live in social choice voting paradigms. Second, agents evolve into their future selves via paths. Thereâs no âmorphing pathâ in social choice.â | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589287911790608385 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=A3 Cont.: As Ken Arrow challenged us âFrisch showed we canât solve the bilateral index problem because a single agent at multiple points in time is *exactly* dual to multiple agents at a single instant of time. Which is exactly my âImpossibility Theoremâ in Social Choice. QED.â | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589287917759123457 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=A4 Cont.: Only 1x1 matrices commute. NxN matrices do not! And if A.B isnât B.A, the system goes non-linear. So if you have 2 countries with 2 currencies, the commutative case doesnât work at all. You need to use Freeman Dysonâs system of Time Ordered Products to save inflation. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
}} | |||
{{Tweet | |||
|image=Eric profile picture.jpg | |||
|nameurl=https://x.com/EricRWeinstein/status/1589287916236570624 | |||
|name=Eric Weinstein | |||
|usernameurl=https://x.com/EricRWeinstein | |||
|username=EricRWeinstein | |||
|content=Q4: Why do you say indexes are Group-Valued? Isnât inflation just a number? | |||
A4: Here goes. In the most famous case you *can* get away with a number. But that 8.9% style CPI nonsense is actually secretly a 1x1 matrix in GL(1,R). And that actually matters! Why? B/c Non-linearity. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
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|content=A3 Cont.: âThis is why index numbers will one day be properly understood as parallel translation in [[Bundles|Fiber Bundles]] wrt [[Gauge Theory of Economics|Economic Gauge Potentials]]. But Zoe doesnât become Cam morphing into Fatima when voting. So parallel transport is unavailable. Even in topological social choice.â | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
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|content=A5 Continued: Prices vary by zip code. So throw in a geographical map as a reward for getting to the end! | |||
Just try to understand my bewilderment when @BLS_gov says 7.9% and everyone pretends that they arenât really raising taxes & slashing social security. Youâre being screwed. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
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|content=Q5: So letâs see. Inflation is a field like temperature. But a field in a fiber bundle over âž-dimensional path spaces of loops of preferences/prices valued in non-commuting groups leading to non linearities not addressed by economists? What about actual geography!â | |||
A5: Fair. đ | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
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|content=A4 Cont.: But even in the case of one Currency like the Dollar, economists donât get the group issue. True COLAs are valued in an *infinite* dimensional non-commutative group called DIFF_0(R^+) equivalent to increasing differentiable functions from 0â>âž reparameterizing âUtilsâ. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
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|content=Either do something to save yourselves or continue to sit & wait to be eaten by the Fed and @BLS_govâs fakely precise single number CPI. | |||
Iâll debate ANYONE on this high enough up for you. But I canât watch & Iâm done w economist abuse & yelling at clouds. | |||
Thanks for asking.đ | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
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|content=Your life savings are being stolen through seignorage as you are being taxed into oblivion with your social Security beaten to a pulp. Meanwhile @paulkrugman and Robert Reich are playing with finger paints. | |||
If you want help, do let me know. But I canât watch this massacre again. | |||
|timestamp=4:05 PM ¡ Nov 06, 2022 | |||
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|content=@macroquantstrat @BLS_gov But BLS measures the effects when it comes to adjusting tax brackets and SS. | |||
Also, the points are general to index number construction. The main activity was in the 1920s. The field never really modernized after that. | |||
|timestamp=4:18 PM ¡ Nov 06, 2022 | |||
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|content=@pirate_hodl Sure! And as Samuelson said, it may not even be integrable. And it may be that you are mixing stocks and flows. Etc. But then donât say you are implementing Konus COLAs while pretending that mumbling â superlative Index number are exact for flexible functional formsâ makes sense. | |||
|timestamp=4:39 PM ¡ Nov 06, 2022 | |||
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|content=@pirate_hodl The main issue here is simply super invidious priestly bull shit used to cover the destruction of peopleâs lives. Thanks! | |||
|timestamp=4:40 PM ¡ Nov 06, 2022 | |||
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|content=@pirate_hodl They have two black boxes. One is called CPI construction. One is called the Fed. The theory is a narrative. The narrative doesnât match the actions. | |||
|timestamp=4:46 PM ¡ Nov 06, 2022 | |||
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|content=@invisi_college1 @BLS_gov Itâs an important question you asked. Thanks for it. Itâs hard to answer of course, but propose doing group study and it gets easier. | |||
|timestamp=4:52 PM ¡ Nov 06, 2022 | |||
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|timestamp=10:51 PM ¡ Nov 06, 2022 | |||
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=== 2023 === | |||
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|content=@JackSarfatti @planethunter56 @joerogan Sorry. Iâm not familiar with what you mean by the S term. A real valued scalar field? A Symmetric 2-Tensor that gets contracted against Stress Energy? By local frame transformations do you mean a Spin(1,3) [[Gauge Theory|gauge transformation]] of the [[Bundles|principal bundle]] of all tangent frames? đ¤ˇââď¸ đ | |||
|timestamp=1:16 AM ¡ Feb 25, 2023 | |||
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|content=Q: Do you believe Claudine Gay is a top scholar and the right president needed to lead and advance our leading US university and that those who oppose her are white supremacists? | |||
A: Read her scholarly writings. I guess my black colleagues who find her beyond embarrassing are all white supremacists. | |||
Q: Do you believe we have a border problem we do not know how to solve? | |||
A: I believe this is absurd. | |||
Q: Do you believe we have a âgang shoplifting in broad daylightâ problem that we do not know how to solve? | |||
A: I do not. It could be solved instantly. | |||
Q: Do you believe Kamala Harris Donald Trump, or Joe Biden are fit to be commander in Chief against Putin & Xi? | |||
A: I donât think anyone smart believes this. | |||
Q: Do you believe we cant get to the bottom of COVID 19 and our involvement with the Wuhan Lab through @EcoHealthNYC? | |||
A: No. And it killed millions. | |||
Q: Do you believe we have a free press asking for hedge fund records or even the most basic hedge fund questions about a dead individual child trafficker who they report as a âdisgraced financierâ while no one in New York appears to claim to have regularly traded with him? | |||
A: I have been told that editors claim there is no interest in this story and that âThe world has moved on.â Which I can prove are false claims | |||
Q: Do you believe social media companies donât secretly manipulate truthful communication at the direction of government to preserve official disinformation? | |||
A: No. I think we have the facts on this. | |||
Q: Do you believe there is an insoluble homelessness problem in San Francisco. | |||
A: Xi visited and it got solved instantly. Itâs insane. | |||
Q: Do you believe the IC, defense department and US Aerospace companies are under effective federal oversight by Congress with respect to whatever is alleged to be going on with UAP threatening restricted military airspace? | |||
A: Donât even start. This is nuts. | |||
Q: Do you agree that it is normal for fundamental physics to stall out for 40 YEARS on a dead end and no one can get a government grant to hold a series of conferences: | |||
âBreaking the Log Jam: Alternatives To String Theoryâ | |||
âParticle Physics after String Theory: Other Voices, New Approaches?â | |||
âShould we push on the closed door that says âPullâ: Gravitizing the Quantum as response to the 70 year failure of Quantum Gravity.â | |||
A: You could save our pre-eminent scientific community from madness in a year by destroying the need to listen to those physicists who have never predicted anything that might work over decades of avoiding the subject of the actual physical world we see in the laboratory. You arenât a physicist if you arenât focused on the actual physical world. Much less a leading physicist. Itâs that simple. This is a matter of paying theorists to rebel against the failed generations of people pretending to do high energy physics while working in imaginary worlds that do not exist. | |||
Q: Do you believe that drawing any connection between Islam and Terror is Islamophobia? | |||
A: Ask your close Muslim friends. They will tell you all about the problem with Islam and terror if they trust you. They as Muslims would usually be FAR more âIslamopbicâ than you are if that were a real thing. Reductio Ad Absurdum. | |||
Q: Do you believe that the [[CPI]] is a state of the art Cost-Of-Living measure as claimed? | |||
A: It is a fake [[Gauge Theory|gauge]] to undercount inflation. Tax brackets & entitlements are indexed so it is a wealth transfer program of a size one cannot easily contemplate pretending to be a measure of the cost of living. COL is a TECHNICAL term for a measure that prices consumer well being not goods. The entire house of cards rests on work on âSuperlative Index Numbersâ of a single obscure Canadian economist who does not fully understand Index Theory. You can prove it is fake by asking the @BLS_gov how it computes COL without taking in PREFERENCE DATA, without which there is no COL possible. Itâs a fake measure to undercount inflation. | |||
Etc. | |||
ââ | |||
I believe this is *ALL* just 100% fake. | |||
|timestamp=6:08 PM ¡ Dec 14, 2023 | |||
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