Eric Weinstein

@EricRWeinstein ↗

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Last Checked Nov. 23, 2022

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Sun Nov 06 16:05:42 +0000 2022

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Eric Weinstein @EricRWeinstein

A4 Cont.: But even in the case of one Currency like the Dollar, economists don’t get the group issue. True COLAs are valued in an *infinite* dimensional non-commutative group called DIFF_0(R^+) equivalent to increasing differentiable functions from 0–>♾ reparameterizing ‘Utils’. — PolitiTweet.org

Posted Nov. 6, 2022

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Eric Weinstein @EricRWeinstein

A4 Cont.: Only 1x1 matrices commute. NxN matrices do not! And if A.B isn’t B.A, the system goes non-linear. So if you have 2 countries with 2 currencies, the commutative case doesn’t work at all. You need to use Freeman Dyson’s system of Time Ordered Products to save inflation. — PolitiTweet.org

Posted Nov. 6, 2022

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Eric Weinstein @EricRWeinstein

Q5: So let’s see. Inflation is a field like temperature. But a field in a fiber bundle over ♾-dimensional path spaces of loops of preferences/prices valued in non-commuting groups leading to non linearities not addressed by economists? What about actual geography!” A5: Fair. 👍 — PolitiTweet.org

Posted Nov. 6, 2022