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F. George McDuffee F. George McDuffee is offline
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Default A billionaire explains the middle class

On Tue, 30 Dec 2014 14:55:45 -0500, Ed Huntress
wrote:

snip
You're kidding yourself. Finding the things that "affect" the metric
is part of how they build models. It involves a lot of statistical
testing and regression analysis.

/snip

Old methodology called EvOp [Evolutionary Operations].

http://tinyurl.com/nffwfkz


You do not have to understand the process. Change a
variable, for example interest rates, and see what happens.
If the output moves in the "right" direction make more of
the change. If the output moves in the "wrong" direction
reverse the change.

Accurate record keeping is critical.

It is criminal that we allow the "leadership" to sabotage
the economy everytime things start to improve for the
average citizen. Things are getting better? Time for a war
or recession.


--
Unka' George

"Gold is the money of kings,
silver is the money of gentlemen,
barter is the money of peasants,
but debt is the money of slaves"

-Norm Franz, "Money and Wealth in the New Millenium"