annals of fitting a trend line to a unit root series with an exponential trend right before a major downturnhttps://twitter.com/EGirlMonetarism/status/1431990990634618880 …
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if Alan tried to sell me snake oil I'd probably buy it tbh
taking this seriously, the problem is problem with this analogy is the choice isn't between taking snake oil or nothing, it's between one reaction function or another. so you need to convince me that in fact the prior reaction function is better.
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