A word used by non-experts to make themselves sound like an expert. Has more syllables than the word expertise, thus the speaker attempts to sound more intelligent, but usually fails.
Eddie: "Are you finished yet dude? I have important things to do like watch mold grow."
Brandon: "I am trying to share my experticity with you, now that you are a single guy"
Eddie: "I don't get paid enough to have to hear this, go down the hall and share it with Ray."
Brandon: "I am trying to share my experticity with you, now that you are a single guy"
Eddie: "I don't get paid enough to have to hear this, go down the hall and share it with Ray."
by dave_the_thinker December 28, 2017
Get the experticity mug.Me: Severus Help Me a dementor is trying to take my soul
Severus: EXPECTO PATRONUM YOU SOUL SUCKING FIEND
Severus: EXPECTO PATRONUM YOU SOUL SUCKING FIEND
by Severuslover19 August 28, 2020
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when you let your girlfriend take her finger and rotate it slowly up your anus, while simultaneously sucking your dick with her tonsils only.
by campusbuddy983489849839 October 20, 2011
Get the expert bajowski mug.*noun*; a method of representing the economy as the sum of many identical individuals and firms, each represented by a system of mathematical equations. The Rational Expectations Hypothesis (REH) takes its name from the premise that economic actors, i.e., everyone, do not make consistent errors about the present or future behavior of markets.
REH was devised mainly as a rebuke to Keynesian economics, and in particular, the strategy of fiscal policy or monetary policy.
According to the REH, fiscal policy does not alter aggregate demand because the "average" person recognizes that her lifetime income is not increasing--so she needs to save rather than spend the stimulus money, in anticipation of higher taxes in the future.
At the same time, monetary policy does not work because it relies on lowering interest rates to make more money available; more money means inflation, but people have to be deceived into thinking prices for their product are going up, so they will expand production. According to REH, people or firms will figure this out, and see increased demand as mere inflation. Instead of increasing output and employment, they'll want to raise prices so they can meet their future bills.
According to REH, both monetary and fiscal policy rely on illusions to work; and since people (on average) will make rational estimates o the future, they will defeat these illusions.
REH was devised mainly as a rebuke to Keynesian economics, and in particular, the strategy of fiscal policy or monetary policy.
According to the REH, fiscal policy does not alter aggregate demand because the "average" person recognizes that her lifetime income is not increasing--so she needs to save rather than spend the stimulus money, in anticipation of higher taxes in the future.
At the same time, monetary policy does not work because it relies on lowering interest rates to make more money available; more money means inflation, but people have to be deceived into thinking prices for their product are going up, so they will expand production. According to REH, people or firms will figure this out, and see increased demand as mere inflation. Instead of increasing output and employment, they'll want to raise prices so they can meet their future bills.
According to REH, both monetary and fiscal policy rely on illusions to work; and since people (on average) will make rational estimates o the future, they will defeat these illusions.
The rational expectations hypothesis states that we can break the realization of a return into an expected return that depends on the current information set and an unexpected component that depends only on new information.
by Abu Yahya March 3, 2009
Get the rational expectations hypothesis mug.A charm that calls into existence a shot of tequila. This gets much harder to do correctly if one tries to do it 3 or 4 times in a row, with the exception of very high-tolerance casters. It should be noted that Dumbledore could cast the charm wordlessly.
"Expecto Patron!" he cried; a deep, golden light leapt from the tip of his wand and materialized into a shot of Alquimia Reserva de Don Adolfo Extra Añejo Tequila on the bar.
by Tobadef January 15, 2016
Get the expecto patron mug.Her name is Hinata , she's an Anime Expert. You should ask her if you confused with the ending of Re:Zero
by CockLord2222 September 27, 2022
Get the Anime Expert mug.one of the wizard swears used in the popular youtube video potter puppet pals in "wizard swears".
used to insult other wizards
or to distract them so you can run away
and to poke fun at the spell expecto patronum used to ward off dementors from azkaban as used in the books and movies
used to insult other wizards
or to distract them so you can run away
and to poke fun at the spell expecto patronum used to ward off dementors from azkaban as used in the books and movies
by savannahstarship4 February 24, 2008
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