william the wie
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- Nov 18, 2009
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A) Economists usually do not make predictions for more than 3-6 months out, which technically is an "Horizon of Predictability" or a characteristic of a chaotic system; determinanistic but unpredictable.
B) In accounting debits and credits are used to avoid the explicit use of negative numbers that lead to imaginary and complex numbers. An example of this is borrowing at 6.25% to invest at 12.5% or in more mathematical terms 1 E 17/16ths going out vs. 1 E 9/8ths coming in. Obviously one of those even numbered roots is on the negative number line in regards to the other number so the square root of minus 1 is in there somewhere. This is technically complex number algebra which usually results in Chaos and is certainly misleading as to initial conditions which is what makes a system chaotic.
C) There are about 100 or so combinations of accounting conventions that can make material differences on income statements. Aggregating them all together is often a comparison of apples to cooking pots, literally.
So, which of the above is easier for you to understand?
B) In accounting debits and credits are used to avoid the explicit use of negative numbers that lead to imaginary and complex numbers. An example of this is borrowing at 6.25% to invest at 12.5% or in more mathematical terms 1 E 17/16ths going out vs. 1 E 9/8ths coming in. Obviously one of those even numbered roots is on the negative number line in regards to the other number so the square root of minus 1 is in there somewhere. This is technically complex number algebra which usually results in Chaos and is certainly misleading as to initial conditions which is what makes a system chaotic.
C) There are about 100 or so combinations of accounting conventions that can make material differences on income statements. Aggregating them all together is often a comparison of apples to cooking pots, literally.
So, which of the above is easier for you to understand?
