Comment by BLKNSLVR
3 days ago
I'm going to say that that's accurate when you replace 'forecasters' with 'economists'. It's why things don't change as quickly as they could, because:
- The economic data suggests..
- Economists agree that...
If it relies on history to guess the future, you're mostly going to get history as the result. Somewhat analgous to science progressing on funeral at a time.
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