Quote:
Originally Posted by Raharu Haruha
So is it right to say oil is going up to rise in price? Yes. Is it right to say oil is going to fall in price? Yes.
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By the same token, as a weatherman I can safely say "It will rain."
I'm not saying anything bad about economists, simply that chaos makes it near impossible to get a meaningful prediction.
Don't take it so personally.
BTW this is exactly the reason why command economies don't work. If we could predict economy in a meaningful way, we could perfectly plan an economy and set perfect regulation.
The thing you're taking offense to is something economists already know is true!