On 2009-09-05, Dan M wrote:
>
> We know that, while we cannot see trends as absolute rules when dealing
> with complex systems, the most persimmons model consistent within the data
> has the best chance of being a reasonable approximation of what we will
> understand as we gain a better, more detailed understanding of the system.
> In addition, it has the best change of future predictions.  Note, I didn't
> say that it would always be right; there are many times that extrapolations
> beyond data are wrong.  But, if one were to consider all possible theories
> available at the time,, one's best chance of being close is choosing that
> theory.
>
I had a feeling that I had predicted the crisis, but I didn't find my message.

Here it is:

  Subject: Welcome to Hyperinflation!
  Date: 2008-08-29 12:30
   
  I was just checking the evolution of PPI (PPI and CPI measure
  inflation in the USA), and noticed that _this year_ the 
  accumulated inflation is about 10% (!!!)

  Welcome to Hyperinflation. If you want any hints on how to
  survive and prosper under hyperinflation, just ask me. Brazil
  had it for decades.

Which means that I could see the sympthoms of the next
blow-up, but not the actual blow-up...

Alberto Monteiro, brin-l cassandra number 2 (number 1 is JDG)

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