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Re: Interest Rates and inflation



----- Original Message -----
From: "Bruce McFarling" <ecbm@xxxxxxxxxxxxxxxxxxx>
>
> Of course, the challenge is based on the truly bizarre
> premise (but very conventional within mainstream economics,
> which is a reason economics is such an odd duck in the
> social sciences) that an economic relationship does not
> exist unless it can be expressed as an equation.  "Mechanism,
> mechanism, uber alles".
>
===========

To be is to be quantifiable -- an algorithm.

Yet the truth or falsity of the above statement cannot be verified
quantifiably.

Ian




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