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by thanatropism 2495 days ago
People fetishize the formula but the beautiful idea is that multiplication/exponentiation can be expanded in such a way that it describes oscillatory relations. This is how eg. eigenvalues get to play a role in models of harmonic resonance. Or how AC impedance naturally generalizes DC resistance.

Try to imagine complex interest rates. Now try to make them matrix-valued. It works. It all works.