Monday, August 6, 2012

Price kinematics : rigid relative structure assumption

Lots of meme shop one off wizards seem to fall thru holes right here With some set of implicit assumptions about the relative kinematics of different market price sets The beauty of the system is it's one rigidity obligations The obligations grid is fixed This rigidity puts huge strains on the price system As it may force itself into a sudden necessary and large set of relative adjustments Between products labor resources ...claims to asset income streams etc ---------------------- What remains clear here is this ....... A good rendering of price motions is critical to any apparently useful model that provides motives Behind those motions Get the motions wrong who cares if motives look right