Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (140931)	4/23/2018 11:00:48 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218253

re <<I wonder how many people appreciated my hyperbole about asymptotic analysis>> am unsure elmat is an engineer so probably lost on him am fairly sure my Big Mac fact also failed to garner appreciation from the elmat, for he admitted lack of appreciation for history, and appeared math-challenged, and still, we must try to help him saving souls is a duty

To: Maurice Winn who wrote (140931)	4/23/2018 11:07:21 PM
From: Joseph Silent	Read Replies (1) \| Respond to of 218253

Mq, I guess I am puzzled about why you call this hyperinflation, but then I don't have a knowledge of the history of these things. I recall when I was young I had a GF whose father was a stockbroker. He once sat me down to explain how one should invest in a way that doubled one's money every n years. I understood in three minutes but I was nice enough to allow him to spend the better part of an hour explaining it. In your 12 to 1200 example, all one would need are a bit less than 7 serial doublings. If it got about 10% a year, that should yield a double in about 7 years. But that would be less than 1% a month. Now, I suppose if this happened to a paper currency, we would call it hyperinflation. If this happened to a 401K we'd call it a terrific investment plan. Gold is neither, though I may be tempted to call it an investment. But given it's utility, or lack thereof, I don't know how to classify it. It may be that it comes into its value and utility as a result of the failures of other things. And if so, it may happen in a big way.