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jackmarxist [any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 1 year ago

289% Inflation lmao

hexbear.net

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289% Inflation lmao

hexbear.net

jackmarxist [any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 1 year ago
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  • Adkml [he/him]@hexbear.net
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    1 year ago

    Nerds love second order derivative arguments.

    “It’s still increasing but the rate at which it’s increasing is going down”

    Or, as people who don’t have a lanyard cutting off oxygen to their brain correctly perceived it, shits still going up.

    • SacredExcrement [any, comrade/them]@hexbear.net
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      1 year ago

      “We’re still heading off the cliff at insane speed, but the rate of acceleration has somewhat slowed”

      • Adkml [he/him]@hexbear.net
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        1 year ago

        Aka we’re approaching terminal velocity

        • Crassus@feddit.nl
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          1 year ago

          Luckily soon we will slow down very quickly

    • Imacat@lemmy.dbzer0.com
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      1 year ago

      Nixon made a similar argument once. It’s the 3rd derivative since inflation is the first derivative of a currency’s buying power.

      https://en.m.wikipedia.org/wiki/Third_derivative#Economic_example

    • Owl [he/him]@hexbear.net
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      1 year ago

      Just keep taking derivatives and eventually you’ll find one going in the direction you want.

      • qaopjlll [he/him]@hexbear.net
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        1 year ago

        This is e^x erasure

        • Owl [he/him]@hexbear.net
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          1 year ago

          Hah, yeah.

          But on a real-world data set, even if the underlying phenomenon is e^x, you’ll keep amplifying sample noise until the derivatives are basically random. Assuming you even have enough data to keep taking derivatives.

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