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The MONIAC water computer. Economic forcasting tool. Building one.

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  • The MONIAC water computer. Economic forcasting tool. Building one.

    Heard of the MONIAC?

    They have one in the reserve bank.
    It is, or should I say was, an economic forecasting tool.
    Built by a New Zealander, and sold to the rest of the world, at a time just before electric computers were reliable.

    It's a water computer.
    Really, it can be made with nothing more than a few old water bottles, a few taps and some old hose.

    Probably, you would get some nice clear hose, nice square tanks,
    and small plastic irrigation type taps,
    if you were a real enthusiast.

    I have a few questions about it.
    There will be readers who are much more educated in economics that I am.
    Firstly, I was wondering where I might add an in and out pipe and tank to measure the amount of money in the real estate game?

    Secondly, where do those two pipes exiting the machine go?
    The one from the M2 (bank tank) and the M3 (foreign bank accounts tank).
    Are they just basically leaks in the system?

    I've got so many questions, but these ones will start me off.

  • #2
    Was probably used to model expected Wuhan Flu deaths.
    Highly accurate...
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

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    • #3
      Originally posted by PC View Post
      Was probably used to model expected Wuhan Flu deaths.
      Highly accurate...
      Ha true, in some ways.
      But I don't need accuracy.
      Just a general sense of proportion, and if something is getting better or worse.

      I mean, one glass of water plus another glass of water is two glasses of water.
      One computer bit plus another computer bit is two computer bits.
      The math doesn't care what the tool is.
      math is math.

      plus this water financial computer is just the sort of thing for kiwi blokes and their sheds.

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