drtillberg
Joined 10 years ago
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Joined 10 years ago
What would it matter if it were hypersonic?
This seems like an ivory tower exercise that has not yet met the messy realities of the world.
[1] https://en.m.wikipedia.org/wiki/Jesse_Lauriston_Livermore
Every time someone says "but where's the inflation" I sigh. Look at literally any financial asset, SP500, stocks, real estate, even bond values (the inverse of interest rates). There is your inflation.
Maybe we like asset inflation, maybe we don't, but that's where it is. When the author claimed to be unable to find it, I stopped reading.