Re:I need to explain to you just how dire America's Pokémon ...
by rland on Sunday May 02, 2021 @12:15AM
(#27012303)
It's weird.
I have developed the same intuition about the economy.
My thought process is this: basically, any time dependent system can be modeled with a set of ODEs, no matter how many parts of the system, no matter how many feedback loops and inputs and outputs, you can still develop a reasonable model that is fundamentally just a gigantic vector of poles and zeros. When you have such a system, there is a region of stability: if there are are any positive real parts, one or more of the outputs will begin to climb exponentially towards infinity, until the whole thing comes crashing down.
Pokemon Cards, houses, stocks, bitcoins, NFTs, microchips, used cars... every single output is looking like an exponential response curve to an unstable system. We are doing something fundamentally wrong, in a critical part of the system.
I have developed the same intuition about the economy.
My thought process is this: basically, any time dependent system can be modeled with a set of ODEs, no matter how many parts of the system, no matter how many feedback loops and inputs and outputs, you can still develop a reasonable model that is fundamentally just a gigantic vector of poles and zeros. When you have such a system, there is a region of stability: if there are are any positive real parts, one or more of the outputs will begin to climb exponentially towards infinity, until the whole thing comes crashing down.
Pokemon Cards, houses, stocks, bitcoins, NFTs, microchips, used cars... every single output is looking like an exponential response curve to an unstable system. We are doing something fundamentally wrong, in a critical part of the system.