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Reason: None provided.

There's analysts that normalize for prices of currencies.

It is senseless. You could easily normalize noise signal, but it still would be senseless noise.

Until you get rid of noise (USD/EUR/RUB/whatever state currency) in economy analysis, you will not get real picture. You could only get noise, nothing more. That's the point.

Difficult to do without a currency basket approach. USD is large enough you could probably use self normalization.

IDK, but I think unless you completely get rid of fiat in your calculations, you are doomed.

As an alternative approach to find out real economy you have to replace fiat with something real and universal. For now, I suppose it could be an energy and, say, kWh as a unit of price. You could get exact prime cost of anything in kWh spent to produce it. Including employer salaries that spent on other things nominated in kWh and so on. You will get a prime costs of everything in kWh. It will be a huge system of linear equations with profits (difference between prime costs and price for end user) as unknown variables. Total sum should be 0 - you can't put kWhs to the bank or bury in the chest under old oak - all produced energy will be spent to make things (including energy spent for heating/cooling employees apartments and all that stuff). Solving that system you get full picture - all prime costs and all retail costs for all possible commodities. So you could start to find out all that supply-demand and other stuff in that info where is no any noise from fiat currency that effectively hide reality.

It is a huge thing, but I think it is perfectly possible to solve with modern computing power. I know, it is enormous job for a large group of researchers, and I don't have a clue if it is possible to organize such research by means of small anti-elite communities, but it have to be done. May be it will be done after fiat currencies crash, or under some other circumsnaces when there will be no any other way to deal with the mess elites will leave for us.

May be you would not like what you finally find out, but truth doen't have to be pleasant.

2 years ago
1 score
Reason: Original

There's analysts that normalize for prices of currencies.

It is senseless. You could easily normalize noise signal, but it still would be senseless noise.

Until you get rid of noise (USD/EUR/RUB/whatever state currency) in economy analysis, you will not get real picture. You could only get noise, nothing more. That's the point.

Difficult to do without a currency basket approach. USD is large enough you could probably use self normalization.

IDK, but I think unless you completely get rid of fiat in your calculations, you are doomed.

As an alternative approach to find out real economy you have to replace fiat with something real and universal. For now, I suppose it could be an energy and, say, kWh as a unit of price. You could get exact prime cost of anything in kWh spent to produce it. Including employer salaries that spent on other things nominated in kWh and so on. You will get a prime costs of everything in kWh. It will be a huge system of linear equations with profits (difference between prime costs and price for end user) as unknown variables. Total sum should be 0 - you can't put kWhs to the bank or bury in the chest under old oak - all produced energy will be spent to make things. Solving that system you get full picture - all prime costs and all retail costs for all possible commodities. So you could start to find out all that supply-demand and other stuff in that info where is no any noise from fiat currency that effectively hide reality.

It is a huge thing, but I think it is perfectly possible to solve with modern computing power. I know, it is enormous job for a large group of researchers, and I don't have a clue if it is possible to organize such research by means of small anti-elite communities, but it have to be done. May be it will be done after fiat currencies crash, or under some other circumsnaces when there will be no any other way to deal with the mess elites will leave for us.

May be you would not like what you finally find out, but truth doen't have to be pleasant.

2 years ago
1 score