Sunday, June 14, 2015

How to end recessions forever

Defeat the government bean counters who draw grey bars in our Fred  charts.

Can we do it?

I think we can break even. They have a finite set of rules based on a regular data stream. All we have to do is sty within the rule envelope, we require it be concave, (so we know up from down). Banker bot just sets up a betting tree for each of the rules. Insider betting is accepted, just obey the rules. Over time, the economy would assume the no recession entropy state and we win. Having smart cards with banker bots means we have 40 million no arbitrage betters. The payouts from the betting tree will always compensate for non-adiabatic change, hence never a recession.

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