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John - inflation/deflation - probably one after the other
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cfdr
Posted 2/1/2015 12:25 (#4354506 - in reply to #4354407)
Subject: RE: problems with models


Not that I know of. Also, these things are very subjective, and it is often the case of beauty being in the eye of the beholder. As I've said, I am under no illusions that his model has to be accurate in the future. In fact, I would be surprised if it was what would be considered very accurate. I value his comments about the world situation simply based on past encounters I have had with him and what I perceive to be his knowledge and honesty.

It's all guesses - and we get to choose which ones to give more weight to. I give more weight to Armstrong than the conspiracy theorists or the model builders who have been proven dead wrong.
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