They have a definition: When output today depends only on output yesterday.
In QM Economics we should use the engineering formulation (transaction rate on the X axis, X axis positive right) And we have the yield curve as the frequency spectrum of GDP. We apply the Zeros and Poles method of undergraduate engineering. If we make the quantum assumptions than I think we limit ourselves to spectrums positive definite.
So, the question is does Obama have a pole up his sleeve?
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