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Intellectuals Are Fucking Idiots

75 points · 97 comments · speckx

  1. Betelbuddy · · focus · HN ↗
    Wait until you hear about the ultimate fraud...Economists.

    Look at the EU central bank and their rising on interest rates despite rising prices not proving rising demand....but they live by their model...

    You get a war as external shock that makes oil scarcer while the economy is already contracting...so they hike rates, what will not create oil but crushes demand on top of a supply collapse...

    1. amelius · · focus · HN ↗
      We should check if AI gives better predictions than economists, and if so replace them.
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