Prince Aleph on Nostr: Remember I'm only technically American; racially I am Eastern European like you. Also ...
Remember I'm only technically American; racially I am Eastern European like you. Also I had to pass through Calc IV (which is the same as the Differential Equations and Linear Algebra course you are talking about) for a math minor, although I realized after getting out that it is pointless for the kind of software engineering that I ended up doing, although if I had gone into AI it would not be irrelevant. But at that time AI didn't have the cachet. I haven't used calculus or looked at it since university. My uncle, who is an engineer, used it only a half-dozen times in a decades long career. How much use it is depends a lot on the specific field of engineering, though.
I don't care too much for the government's numbers on inflation myself, I just used them for general reference to know that the peak took place around 2022 and also that there's a split between how goods and services behaved. I believe you are right that goods spiked enormously from a shut down economy and also the fact that people being stuck at home bought everything out of the pipeline. We all remember the huge wait times that would come up on Amazon goods in '20-'21. But the persistent signal of increasing services prices has continued past lockdowns, I think a side effect of both the Fed pouring a lot more money into the system than had been there before, and also the politicians continuing massive budget deficits. I pay attention to those numbers because I've noticed bills for certain types of services relating to for example homeownership going up 2-3x from where they were.
I don't care too much for the government's numbers on inflation myself, I just used them for general reference to know that the peak took place around 2022 and also that there's a split between how goods and services behaved. I believe you are right that goods spiked enormously from a shut down economy and also the fact that people being stuck at home bought everything out of the pipeline. We all remember the huge wait times that would come up on Amazon goods in '20-'21. But the persistent signal of increasing services prices has continued past lockdowns, I think a side effect of both the Fed pouring a lot more money into the system than had been there before, and also the politicians continuing massive budget deficits. I pay attention to those numbers because I've noticed bills for certain types of services relating to for example homeownership going up 2-3x from where they were.