Jiang uses this for the missing market discipline that would normally pop unsound bubbles earlier.
Topic brief
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self-correct
The conspiracy story is false as history and true as prediction.
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Topic Scope And Freshness
The conspiracy story is false as history and true as prediction.
Key Notes
Timestamped Evidence
"...that right now the American financial industry lacks a capacity to self -correct. Um, and. So if the market collapses, it's gonna, it's probably..."
"...in school. That's kind of strange, right? None of this is correct, but it's intuitive. Second of all, it's explanatory in that even though..."
"...will behave moving forward. And based on whether these predictions are correct or not, you can then figure out if this theory is correct..."
"...Okay, the data you present to the computer have to be correct. Okay, it can't be an opinion like I like computers, it has..."
"So supercharge the U.S. defense industrial base. That's exactly correct, yes."
"That's correct, okay. And when you do this, it's a fight to the finish. Why did they do that? They did it because the..."
"This year? Yes, that is correct, yes. So between the age of 18 and 25, you think, and what does that really mean? I've..."
"Okay, so you're saying that Russia will take Odessa? That's correct. Okay, so they'll control the Black Sea. That's right."
"...misunderstand, okay? It's misunderstanding that leads to understanding. We have to correct ourselves in order to fully understand the truth. What he also believes..."
"...plan for Alex okay I don't know if this plan is correct or not but let's just do a thought experiment and say what..."
"...think that's a great point. I completely agree with that. Yeah, correct. You know, like going back to Tiberius Gracchus, you know, right. If..."
Relevant Lectures And Readings
The conspiracy story is false as history and true as prediction.
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