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Comment: Re:Krugman is not an economist. (Score 1) 601

by JebusIsLord (#37355736) Attached to: Krugman On Bitcoin and the Gold Standard

nothing mysterious - there is no conspiracy here. Economists moved to "core inflation" because things like energy and food are extremely volatile. Inflation should refer to sticky prices, ie things that tend to resist going down again once they go up (or vice versa). Wages are extremely sticky, then things like cars and houses.

Wages are currently flat or even decreasing, while housing prices have clearly decreased. Car prices are pretty flat. There is no significant inflation going on here.

Comment: Re:Krugman is not an economist. (Score 1) 601

by JebusIsLord (#37346628) Attached to: Krugman On Bitcoin and the Gold Standard

the government doesn't lie about the inflation rate. It is caculated by a multitude of different organizations, both private and public. The reason prices haven't risen despite a 300% rise in monetary base is that we're stuck in a liquidity trap. A bit of inflation would actually be a good thing, because the current malaise is a result of debt (both private and public), and inflation lowers the value of said debt, prompting people and corporations to spend again.

Comment: Re:BMI Is not a Good Measure (Score 1) 383

by JebusIsLord (#28520031) Attached to: Being Slightly Overweight May Lead To Longer Life

*sigh* BMI is not "broken". It just measures something other than what you are personally interested in. For a populational average, it is an excellent and accurage measure of relative weight. This study examined mortality in slightly overWEIGHT people. These people will however on average also be over-fat (edge cases cancelling eachother out), so the results are applicable.

Comment: Re:BMI Is not a Good Measure (Score 1) 383

by JebusIsLord (#28519817) Attached to: Being Slightly Overweight May Lead To Longer Life

Exactly. BMI is a perfectly acceptable measure for the purposes of this study. On average, persons with a large BMI are "overweight" (have a high body fat percentage). There are always edge cases (bodybuilders, weaklings) but the result is valid and useful information: Those with a BMI between 25 and 30 live longer.

Those afformentioned body builders and weaklings may want additional research into specifically body fat percentage and mortality rates. This study was only interested in relative weight.

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