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mono442yesterday at 11:51 AM1 replyview on HN

If most economists agree on something, it probably isn't true. Just like every economist agreed that there would be no inflation in 2020.


Replies

roenxiyesterday at 12:17 PM

Mmm. The language is not precise enough - if most economists agree on something it probably is true. If the corporate media gives the impression all economists agree on something, it is probably not true.

Economists as a profession understand extremely well that they have no ability predict the economic future beyond what the futures markets say.