Economists do it with models. Mental models. Mental models that fall to pieces the moment they are faced with the cold light of reality. - Me
My father once derisively proclaimed that the main purpose of Wall Street "analysts" was to point at someone else and go "oooh, he farted!" I guess gold farted.
No, you did. Hah!
Oh, Otto... it's that sort of rich repartee that separates your wheaty blog from the rest of the junior chaff, my friend!