American Economics Thread
- Thread starter Bernard
- Start date
manqiangrexue
Brigadier
LOLOL Now every time I see you use an equation, I laugh. X+1 in a series with E[X] LOLOLOLOL You're the mofo who thought that adding 168% is less than doubling, which the same as adding 68% LMFAO. And you still thought that after being corrected multiple times! Dude we're Chinese; we get homeschooled for Calc BC in middle school while you guys are still figuring out how to add and multiply in the same equation so STFU with your hobo math learned at community colleges where the teachers all go to work strapped and the hallway vending machines all have steel cages installed over them.
Show charts and graphs like everybody here except you knows how to do. I did; the houses built in 2011 are the same size as those built in 2023; the ones built in 2023 cost 217% more on average. That's it.
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Yeah I don’t think you understand that housing indexes measure the price of all available housing. If all houses in the prior period were 1000 sq m and 1% of them replaced by homes that are 1100 sq m in the next period and 1% of them then get replaced by homes that are 1005 sq m in the following period, the average home size is still increasing. The composition of housing in the 70 metro areas was changing along side the price. Mostly unrelated, broadly chill with the ethnic chauvinism - racial classifications have no biological basis - and ~1/2 of Chinese-Americans hold bachelors degrees (or higher) so this “we got home schooled for Calc BC in middle school” is obviously false and ungeneralizable
Even more evidence that public perceptions of the economy are media-driven and not related to personal financial circumstances. Residents of every swing state perceive their state economy to be doing well but not the U.S. economy to be doing well. People obviously interact in their state economy and are far more attuned into it but there is no plausible mechanism whatsoever by which the economy can be doing well in every state but be doing poorly nationally.
They need a recession to bring down inflation, they always do, they wait until inflation get to deflation territory and then they just do inflationary monetary policy to push it to their target, but now the problem is that they raised the interest rates and the recession is not coming to tame inflation, the issue is that this could lead the FED to accept 3-4% inflation as their new target and current interest rates as the new normal.
manqiangrexue
Brigadier
Yeah no. You're the one who doesn't understand 1. how to show with data rather than your imagination and 2. what a percentage increase of over 100 means. All I see is imaginary numbers, no data, and "mathematical equations" by a guy with no basic background in math. That translates to "blah blah blah, 168% increase is less than double, blah blah blah some more" LOL
Charts and data, not your written diarrhea.
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The average sales price of a TV is below $1,000, and same for phones. iPhones debuted at $500 in 2008, which would be roughly $700 today.
Your perception of reality is not consistent with actual reality. Most people in America are poor and prefer cheaper goods. Which is why I am particularly critical of the “decoupling” attempt by USG.
The CPI does a fairly good job of approximating prices.
Asian and Chinese aren’t coextensive. ~25% of US Asians are Chinese and Asian Indians (another ~25% of US Asians) are a fairly high performing cohort as well. Your just presenting evidence the 1965 Immigration and Nationality Act selects on educational performance with respect to Asian immigrants and not much else (and certainly not the everyone learns calc bc in middle school nonsense)
