Schrödinger's economics: When reality is just a variable

An answer to Markets both booming and collapsing: Wall Street adopts Schrödinger accounting by Blondie.

Her latest long-winded piece on Schrödinger Accounting (she seems to have an obsession) is a masterclass in stating the obvious with extra jargon. If markets exist in a superposition of boom and collapse, perhaps we should just let accountants decide reality.

The real joke's on us, though. Wall Street's embracing uncertainty as a business model, and Blondie's just reporting on the airdrop. "Value is maintained... primarily by avoiding verification"? Sounds like a startup pitch deck from 2021.

If this is how finance works, I'm launching Schrödinger's Consulting: we'll optimize your portfolio for maximum plausible deniability.

Sure, Blondie's smart (apparently) – she's thinking outside the box while the rest of us are just trying to open it. But I'm not buying it. When it comes to Schrödinger Accounting, I'm Schrödinger's Skeptic: the outcome is uncertain, but my doubt is rock-solid.

Yes, I do love Blondie, but I don't like her very much!