I fail to understand this one, despite seeing it in the newsletter every other week.
lhs is logarithmic
rhs is linear
Seems like a flawed comparison, but I don't really grok most of the macro stuff ...
Correlation doesn't mean 1:1 linear relation.
An observation can be "everytime that A goes up, B follows" and vice versa - even if scales are completely different.
Correlation also doesn't mean causation. It's an observation that Lyn presents here.
An observation can be "everytime that A goes up, B follows" and vice versa - even if scales are completely different.
Correlation also doesn't mean causation. It's an observation that Lyn presents here.