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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: cosmicforce who wrote (378008)	7/23/2018 1:35:36 PM
From: cosmicforce	Respond to of 542967

This goes back to my island economy model where "juggling coconuts" increases the "velocity of coconuts" and thereby counts as economic activity on the island. There is an analog for this in physics - it is angular momentum. While it does provide stiffness in space with respect to a plane, it doesn't change the speed at which the gyroscope falls or change gravity except in very extreme cases (frame-dragging). I'm not adept enough to see the economic metaphor being real in the sense that physics is because there are hidden mechanisms. Much like doing local reference-frame physics inside and aircraft - we see change but it isn't described by what we think it is.

To: cosmicforce who wrote (378008)	7/23/2018 1:36:52 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 542967

And what I was saying is that I don't think a similar situation (requiring QE) is in the cards - but hey, I've been wrong before. BTW, you know who you should direct your anger at for making the guys who $crewed the economy richer while the common folk lost their homes? Hint - he refused to hold any of them accountable and did not charge even a single one - then he collected huge speaking fees from them. And ya, the other one too, but he's been retired for more than a decade. Why anyone expected someone associated with either of those two would get elected is beyond me.