Thursday, December 1, 2011

prisoner of hoodoo island worshiper of false spirits

despite his muscular advocacy of the utterly " tangible"   liquidity trap
 

professor PK

 still wants to see markets thru 70's-80's ratex  macro pricing telekinetics

as rendered by nice closed formmodels

yikes what  clown crap that all is 

where the seriously abused euler rules   rule
and
  every  speculator's imagineered future market series is identical

hey if you see macronautics as purely an applied science

fuck the hoodoo voodoo of expectations

make tomorrows markets
don't just cringe b4   todays expectations

err more or less
cause that's enough

you only need the instruments and some fast feed back to guide you
not a determinative forecaster

the practical  model hardly needs to determine anything specific

operating manual:

use this do this with it  and A goes up

use that do that with it  and Z goes down

a rough wood cut like science
of purely qualitative stuff
stuff
    that can  guide the  design  of mechanisms
that
---subject to closed looping--
   move economic activities ... as socially desired