HN's a tech forum. It is what it is.

People who can understand the IS-LM model, but won't.

Maybe one of these days I should do an easily understandable simulation web toy that people can fiddle with.

Sad but true.

Its a similar level as the comments you would see on tech subjects on an econ forum.

Those who can, do; those who can't, write "threads" on twitter

Nothing worse than tech bros pontificating about macro and economic policy, thinking it’ll give them an edge and FIRE earlier

As an econ major, it was always terrifying working with the non-econ students required to take some of the courses. Some people just didn't grasp the underlying concepts, or understand why understanding was important.

I think the code monkeys have a decent grasp on microecon. However, their (and my) understanding of monetary policy is poor.

In college I took a couple classes beyond the required Econ 101/102 because I found the subject interesting, not even enough for a minor, but even I am astounded by the level of ignorance that gets upvoted to the top of econ threads on this site.

This is an article about Japan raising its interest rate, and people are using it to discuss the abolishment of central banks, or of state-backed currency itself in favor of cryptocurrency.

For those that don't see this: it'd be like if you wandered into a forum where an article was posted about some new product Google released, and the discussion is dominated by a bunch of people talking about how all C++ code should be abolished in favor of Python.

Very bizarre, disorienting experience.

> it'd be like if you wandered into a forum where an article was posted about some new product Google released, and the discussion is dominated by a bunch of people talking about how all C++ code should be abolished in favor of Python.

I mean, we do sometimes get that with Rust, so...