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	<title>Comments on: The Problem With Artificially Low Interest Rates</title>
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	<description>An independent perspective on the Australian and global investment markets</description>
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		<title>By: The Daily Reckoning</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-2/#comment-17528</link>
		<dc:creator>The Daily Reckoning</dc:creator>
		<pubDate>Sun, 13 Apr 2008 23:06:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-17528</guid>
		<description>Melanie and other frequent commenters on this post...

We&#039;ve asked nicely twice... but now we have to close comments on this post.  You are welcome to continue it on the message board http://www.dailyreckoning.com.au/talk/ under the General Discussion thread, since it is not a financial topic.</description>
		<content:encoded><![CDATA[<p>Melanie and other frequent commenters on this post...</p>
<p>We've asked nicely twice... but now we have to close comments on this post.  You are welcome to continue it on the message board <a href="http://www.dailyreckoning.com.au/talk/" rel="nofollow">http://www.dailyreckoning.com.au/talk/</a> under the General Discussion thread, since it is not a financial topic.</p>
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		<title>By: Pete</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-2/#comment-17464</link>
		<dc:creator>Pete</dc:creator>
		<pubDate>Sun, 13 Apr 2008 11:10:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-17464</guid>
		<description>Melanie: I think you spend some time trying to organise your lovely ideas on these here pages. Looking up the page (scroll up for five minutes), I can see the title of this here article. Why, it says &quot;The Problem With Artificially Low Interest Rates&quot;. Taking my sarcasm hat off for just a split second, I notice that an overwhelming proportion of these comments have bugger all to do with the article (or even this website).

Do you suspect that perhaps the majority of people that visit this site, might be sick and tired of seeing comments about this crap? I am. I personally want to read about economic ideas, and the interesting commentary that other readers will provide ^on those topics^. The Communist in me (perhaps thats our common ground) thinks, hey, the needs of the many should outweigh the needs of the few here. 

Dictator Pete says: &quot;seriously, get a blog!&quot;</description>
		<content:encoded><![CDATA[<p>Melanie: I think you spend some time trying to organise your lovely ideas on these here pages. Looking up the page (scroll up for five minutes), I can see the title of this here article. Why, it says "The Problem With Artificially Low Interest Rates". Taking my sarcasm hat off for just a split second, I notice that an overwhelming proportion of these comments have bugger all to do with the article (or even this website).</p>
<p>Do you suspect that perhaps the majority of people that visit this site, might be sick and tired of seeing comments about this crap? I am. I personally want to read about economic ideas, and the interesting commentary that other readers will provide ^on those topics^. The Communist in me (perhaps thats our common ground) thinks, hey, the needs of the many should outweigh the needs of the few here. </p>
<p>Dictator Pete says: "seriously, get a blog!"</p>
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		<title>By: Melanie</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-2/#comment-17415</link>
		<dc:creator>Melanie</dc:creator>
		<pubDate>Sun, 13 Apr 2008 00:18:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-17415</guid>
		<description>Thanks &quot;unpopular truth&quot; for pointing out that I have resorted to name calling. It is not something that I like to do or to field. It astounds me that simply being a woman, can incur the sentiments that are so easily exchanged here. But also, important exchange, and this is engaging. With respect, I had spent some time answering your former questions.</description>
		<content:encoded><![CDATA[<p>Thanks "unpopular truth" for pointing out that I have resorted to name calling. It is not something that I like to do or to field. It astounds me that simply being a woman, can incur the sentiments that are so easily exchanged here. But also, important exchange, and this is engaging. With respect, I had spent some time answering your former questions.</p>
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		<title>By: Unpopular Truth</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-2/#comment-17274</link>
		<dc:creator>Unpopular Truth</dc:creator>
		<pubDate>Sat, 12 Apr 2008 15:11:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-17274</guid>
		<description>All I said was that your posts are waffle. Resorting to namecalling means I probably hit the mark.

PS You forgot facist.</description>
		<content:encoded><![CDATA[<p>All I said was that your posts are waffle. Resorting to namecalling means I probably hit the mark.</p>
<p>PS You forgot facist.</p>
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		<title>By: Melanie</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-2/#comment-16643</link>
		<dc:creator>Melanie</dc:creator>
		<pubDate>Fri, 11 Apr 2008 07:11:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-16643</guid>
		<description>Obviously &quot;Unpopular truth&quot;, can&#039;t resist a comment that will put down or undo other peoples conversation. such tactics are like peer pressure and bullying, and while on their own, make the individual who in this case, is not prepared to speak from his real name, look stupid, sexist, uneducated and supremacist and racist, displaying a distinct distaste for the indigenous, and for women,

Why comment when you obviously do not read, and are reacting from some unresolved fear or unfounded presumptions that change will ruin everything for you, there is no other way that your behaviour can be rationalised. 

Noone is forcing you to read this. You free to come and go. But continuing to make such comments and not actually engage is mindless.</description>
		<content:encoded><![CDATA[<p>Obviously "Unpopular truth", can't resist a comment that will put down or undo other peoples conversation. such tactics are like peer pressure and bullying, and while on their own, make the individual who in this case, is not prepared to speak from his real name, look stupid, sexist, uneducated and supremacist and racist, displaying a distinct distaste for the indigenous, and for women,</p>
<p>Why comment when you obviously do not read, and are reacting from some unresolved fear or unfounded presumptions that change will ruin everything for you, there is no other way that your behaviour can be rationalised. </p>
<p>Noone is forcing you to read this. You free to come and go. But continuing to make such comments and not actually engage is mindless.</p>
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		<title>By: Unpopular Truth</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-2/#comment-16618</link>
		<dc:creator>Unpopular Truth</dc:creator>
		<pubDate>Fri, 11 Apr 2008 05:46:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-16618</guid>
		<description>Oh no.. not more Melanic Waffle!</description>
		<content:encoded><![CDATA[<p>Oh no.. not more Melanic Waffle!</p>
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		<title>By: Melanie</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-2/#comment-16584</link>
		<dc:creator>Melanie</dc:creator>
		<pubDate>Fri, 11 Apr 2008 01:59:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-16584</guid>
		<description>stochastic process is not the only process, on one level things appear to be random, but on another level, they are synchroneous to a higer order logic that is embedded in the analogue that generates the information.

depending on the number of variables input, and the need to accept a certain degree of hidden variables, that will determine the difference between the artificial and the natural, as Bohm suggested and as Everett confirmed.

The bias of rationalising everything as stochastic process is misleading and particularly when applied to cognitive science which has taken the lead from AI, to determine apprehension of NI, natural intelligences.

This is a spurious process of investigation that defers NI to AI for confirmation.

And yes, moving could be good, there is much to talk about.</description>
		<content:encoded><![CDATA[<p>stochastic process is not the only process, on one level things appear to be random, but on another level, they are synchroneous to a higer order logic that is embedded in the analogue that generates the information.</p>
<p>depending on the number of variables input, and the need to accept a certain degree of hidden variables, that will determine the difference between the artificial and the natural, as Bohm suggested and as Everett confirmed.</p>
<p>The bias of rationalising everything as stochastic process is misleading and particularly when applied to cognitive science which has taken the lead from AI, to determine apprehension of NI, natural intelligences.</p>
<p>This is a spurious process of investigation that defers NI to AI for confirmation.</p>
<p>And yes, moving could be good, there is much to talk about.</p>
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		<title>By: The Daily Reckoning</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-1/#comment-16566</link>
		<dc:creator>The Daily Reckoning</dc:creator>
		<pubDate>Fri, 11 Apr 2008 00:21:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-16566</guid>
		<description>Hi all... as much as we are enjoying this thread, any chance you could continue it over on the message board? http://www.dailyreckoning.com.au/talk/

If this page gets much longer we may run into some technological problems.

From the DR</description>
		<content:encoded><![CDATA[<p>Hi all... as much as we are enjoying this thread, any chance you could continue it over on the message board? <a href="http://www.dailyreckoning.com.au/talk/" rel="nofollow">http://www.dailyreckoning.com.au/talk/</a></p>
<p>If this page gets much longer we may run into some technological problems.</p>
<p>From the DR</p>
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		<title>By: John</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-1/#comment-16556</link>
		<dc:creator>John</dc:creator>
		<pubDate>Thu, 10 Apr 2008 21:57:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-16556</guid>
		<description>Doug,

Let&#039;s leave what I&#039;d &quot;like&quot; to think or what I&#039;d &quot;prefer&quot; out of this, since it is irrelevant.  I have always been open-minded to science, regardless of whether I &quot;like&quot; the results or not.  


What I&#039;m saying is that, while quantum mechanics provides a better understanding of the physical world, it averages out on the macro level to the point where it is insignificant.  To use your pendulum analogy, the pendulum will keep swinging consistently (classically) regadless of what happens at the quantum level.  While the pendulum is still made up of an uncountable number of particles, they lose their &quot;unpredictibale&quot; behavior on a larger scale and become predictable classically.  If I throw a rock, I can predict with much certainty what will happen without having to crunch a billion quantum equations to arrive at the result, because the probability waves are insignificant on a macro level.  Similarly, while we can talk about quantum mechanics in the global warming debate, we can classically make predictions without having to account for random wave distributions on the quantum level.

Oh and to answer your question of whether the pendulum &quot;stops&quot;, I would have to say yes, it does.  Since the definition of &quot;stop&quot; implies the classical meaning, which is that the perceived velocity is 0.  However, if we choose to break down the definition we would run into several problems.  First, relativity doesn&#039;t allow for the word &quot;stop&quot; as all velocity is relative and thus you cannot have 0 velocity, or any definite velocity.  Next, perception is relative in our minds, as everything we see is based on a frequency of our eyes (frames per second), so we never actually &quot;see&quot; motion, we just see a series of frozen snapshots that must convey zero motion by definition.  Furthermore, you are correct that on the quantum level it is impossible to &quot;stop&quot;, not to mention that it is also impossible to know for certain the velocity and position.</description>
		<content:encoded><![CDATA[<p>Doug,</p>
<p>Let's leave what I'd "like" to think or what I'd "prefer" out of this, since it is irrelevant.  I have always been open-minded to science, regardless of whether I "like" the results or not.  </p>
<p>What I'm saying is that, while quantum mechanics provides a better understanding of the physical world, it averages out on the macro level to the point where it is insignificant.  To use your pendulum analogy, the pendulum will keep swinging consistently (classically) regadless of what happens at the quantum level.  While the pendulum is still made up of an uncountable number of particles, they lose their "unpredictibale" behavior on a larger scale and become predictable classically.  If I throw a rock, I can predict with much certainty what will happen without having to crunch a billion quantum equations to arrive at the result, because the probability waves are insignificant on a macro level.  Similarly, while we can talk about quantum mechanics in the global warming debate, we can classically make predictions without having to account for random wave distributions on the quantum level.</p>
<p>Oh and to answer your question of whether the pendulum "stops", I would have to say yes, it does.  Since the definition of "stop" implies the classical meaning, which is that the perceived velocity is 0.  However, if we choose to break down the definition we would run into several problems.  First, relativity doesn't allow for the word "stop" as all velocity is relative and thus you cannot have 0 velocity, or any definite velocity.  Next, perception is relative in our minds, as everything we see is based on a frequency of our eyes (frames per second), so we never actually "see" motion, we just see a series of frozen snapshots that must convey zero motion by definition.  Furthermore, you are correct that on the quantum level it is impossible to "stop", not to mention that it is also impossible to know for certain the velocity and position.</p>
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		<title>By: Paul Douglas Renselle</title>
		<link>http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/comment-page-1/#comment-16552</link>
		<dc:creator>Paul Douglas Renselle</dc:creator>
		<pubDate>Thu, 10 Apr 2008 20:58:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/interest-rates-8/2008/03/06/#comment-16552</guid>
		<description>John,

You appear to be saying, &quot;I like being a classicist. I like status quo.&quot; At least it is my perspective from your last comment.

Classical consistency is wrong! Why? Dialectic is wrong!

By comparison quantum~consistency is better: it&#039;s based upon perpetual change where classical consistency is based upon classical &#039;state.&#039;

Do you want to thing-k &#039;state?&#039; Would you rather think change?

I (Doug) am trying to help you see that.

For example, it is a classical view that we can only thing-k about reality as objectively stopped (possibly linear-motion stoppable).

What I am attempting to do is show you how quantum~think~king is superior to (above, more highly evolved than) classical-thing-king. That&#039;s all.

Classical-thing-king is just what forced classical &#039;mechanics&#039; to assume wave functions have to collapse. Classicists had to collapse quantum waves to stop them so that they could think about them CONsistently.

But collapsing a quantum wave zeroes h-bar! (Turns off quantum~reality.) It is an act of classical convenience and classical dialectical CONvention.

It is an quantum~epiphany to fathom that quantum waves NEVER collapse, NEVER stop, rather wave perpetually: THAT&#039;s real! (Our sun could not &#039;live&#039; &gt;billions of years were it classical. A photon could not travel billions of light years were it classical. Think about that!)

I am saying that we cannot stop quantum reality: I intend to say we cannot zero h-bar for our own CONvenience and with a desire to be classically &#039;CONsistent.&#039;

Classical science is quantum science with h-bar zeroed, but classical science isn&#039;t real, nor is classical &#039;CONsistency&#039; real. That is why I tried to help you see that.

As an example, ask yourself if a pendulum stops at end of its swing? When you push your kid on a playground swing, if your kid actually stopped at end of each pendulum&#039;s swing arc, what physically would your child feel? (Classical science assumes said pendulum &#039;stops&#039; at each extreme of its swing. Actually it doesn&#039;t! Why?)

I hope this makes sense to you. If not, keep pushing back.

Best,

Doug.</description>
		<content:encoded><![CDATA[<p>John,</p>
<p>You appear to be saying, "I like being a classicist. I like status quo." At least it is my perspective from your last comment.</p>
<p>Classical consistency is wrong! Why? Dialectic is wrong!</p>
<p>By comparison quantum~consistency is better: it's based upon perpetual change where classical consistency is based upon classical 'state.'</p>
<p>Do you want to thing-k 'state?' Would you rather think change?</p>
<p>I (Doug) am trying to help you see that.</p>
<p>For example, it is a classical view that we can only thing-k about reality as objectively stopped (possibly linear-motion stoppable).</p>
<p>What I am attempting to do is show you how quantum~think~king is superior to (above, more highly evolved than) classical-thing-king. That's all.</p>
<p>Classical-thing-king is just what forced classical 'mechanics' to assume wave functions have to collapse. Classicists had to collapse quantum waves to stop them so that they could think about them CONsistently.</p>
<p>But collapsing a quantum wave zeroes h-bar! (Turns off quantum~reality.) It is an act of classical convenience and classical dialectical CONvention.</p>
<p>It is an quantum~epiphany to fathom that quantum waves NEVER collapse, NEVER stop, rather wave perpetually: THAT's real! (Our sun could not 'live' &gt;billions of years were it classical. A photon could not travel billions of light years were it classical. Think about that!)</p>
<p>I am saying that we cannot stop quantum reality: I intend to say we cannot zero h-bar for our own CONvenience and with a desire to be classically 'CONsistent.'</p>
<p>Classical science is quantum science with h-bar zeroed, but classical science isn't real, nor is classical 'CONsistency' real. That is why I tried to help you see that.</p>
<p>As an example, ask yourself if a pendulum stops at end of its swing? When you push your kid on a playground swing, if your kid actually stopped at end of each pendulum's swing arc, what physically would your child feel? (Classical science assumes said pendulum 'stops' at each extreme of its swing. Actually it doesn't! Why?)</p>
<p>I hope this makes sense to you. If not, keep pushing back.</p>
<p>Best,</p>
<p>Doug.</p>
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