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Quote:
Originally Posted by bobsticks
If the dollar was introduced in 1785 does that mean it's been devalued 1092% ???
Watch yourself! You're asking pix to interpret a four-figure number! :3:
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Quote:
Originally Posted by Woochifer
Watch yourself! You're asking pix to interpret a four-figure number! :3:
WHILE YOU CANT UNDERSTAND WHAT A FOOL YOU ARE
making of yourself by showing your ignorance.
I say that the dollar has lost 75% percent (at least in value) over the last twenty years.
What is your reply?
Its only lost 56 %!!!
WHAT IS THE DIFFERENCE BETWEEN 56 AND 75 PERCENT?
NINETEEN PERCENT, over TWENTY YEARS.
You are arguing about a 1% difference a year, actually less than one percent.
Why is this important to you? Because stat wonks are the worst of liars and propagandists.
YOU know that 75% SOUNDS A LOT worse than 50%
So you take 56%,"round" it off to "50%" and hope people will think that aint half bad.
Lying, book cooking, propaganda, talking out of both sides of your mouth, a professional liar for the govt doesnt have to be good at math to be a good liar,
which is fortunant for you :1:
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But heres the biggest lie wooch and his cronies in the govt ever put out.
Mainly that the COST of things is what inflation is.
Nothing could be further from the truth.
What is "inflation"? SIMPLY WHAT IT SAYS.
INFLATING THE MONEY SUPPLY, printing worthless chit that isnt backed up by
anything
If you print 10% more money in a year than you have gold or something else to back it up, you have 10% inflation that year, simple as that.
you dont need to go over reams of data, comparing prices, thats all hokum, Inflation has
NOTHING to do with prices.
KEEP printing worthless money and eventually people will catch on, and raise the price of their goods and services.
But eventually people will catch on.
PEOPLE all over the planet have caught on that the dollar is basically worthless.
And the repercussions of that are gonna be more than even a profesional liar like wooch will be able to deal with :1:
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Quote:
Originally Posted by pixelthis
WHILE YOU CANT UNDERSTAND WHAT A FOOL YOU ARE
making of yourself by showing your ignorance.
You seem to be the only one on this board that believes anyone other than yourself is the fool! ;)
Quote:
Originally Posted by pixelthis
I say that the dollar has lost 75% percent (at least in value) over the last twenty years.
Actually, you said that it lost 80% ... 4% x 20 years even using pixel math doesn't equal 75%. :rolleyes:
Quote:
Originally Posted by pixelthis
What is your reply?
Its only lost 56 %!!!
Yup, that's because I'm applying the correct mathematical formula to an annualized rate of change, something that your 4th grade multiplication tables don't tell you.
Quote:
Originally Posted by pixelthis
WHAT IS THE DIFFERENCE BETWEEN 56 AND 75 PERCENT?
NINETEEN PERCENT, over TWENTY YEARS.
Nope, the variance is actually 34 PERCENT. Your value of 19 actually refers to the PERCENTAGE POINT difference, which says nothing about the actual magnitude of the PERCENT difference between the two figures, since a 19 PERCENTAGE POINT difference represents a very different magnitude of change if you're comparing 1% with 20% (1,900% variance), as opposed to comparing 1,092% with 1,111% (1.7% variance).
Of course, you'd have to evolve beyond grade school addition and subtraction to understand this. You obviously haven't, which explains why you make these kinds of stupid mistakes. Of course, a rational person would have stopped digging after the first mistake. The fact that you persist with lies and mathematical impossibilities says more about your particular state of being! :cool:
Quote:
Originally Posted by pixelthis
You are arguing about a 1% difference a year, actually less than one percent.
Nope, I'm pointing out that there's a huge difference between consumer prices increasing by 2.2X compared to the 5X argument that you keep forwarding. I'd tell you to do the math if you want, but you've already proven yourself incapable of that! :cool:
Quote:
Originally Posted by pixelthis
Why is this important to you? Because stat wonks are the worst of liars and propagandists.
I could care less if you flunked out of 6th grade math, and try to cover it by repeating yourself. I'm having a great time using logic and basic math to all the bullcrap you keep coming up with. You're now trying to tell everyone that 4 X 20 = 75 ... are you next going to try to claim that 1 + 1 = 3? :idea:
Quote:
Originally Posted by pixelthis
YOU know that 75% SOUNDS A LOT worse than 50%
So you take 56%,"round" it off to "50%" and hope people will think that aint half bad.
Lying, book cooking, propaganda, talking out of both sides of your mouth, a professional liar for the govt doesnt have to be good at math to be a good liar,
which is fortunant for you :1:
Clueless to the end. Is this how you responded to your elementary school teachers when they marked up your flunky math tests? Obviously, you never learned anything since then! :lol:
Quote:
Originally Posted by pixelthis
But heres the biggest lie wooch and his cronies in the govt ever put out.
Mainly that the COST of things is what inflation is.
Nothing could be further from the truth.
What is "inflation"? SIMPLY WHAT IT SAYS.
INFLATING THE MONEY SUPPLY, printing worthless chit that isnt backed up by
anything
If you print 10% more money in a year than you have gold or something else to back it up, you have 10% inflation that year, simple as that.
you dont need to go over reams of data, comparing prices, thats all hokum, Inflation has
NOTHING to do with prices.
KEEP printing worthless money and eventually people will catch on, and raise the price of their goods and services.
But eventually people will catch on.
PEOPLE all over the planet have caught on that the dollar is basically worthless.
And the repercussions of that are gonna be more than even a profesional liar like wooch will be able to deal with
Right, I'm the professional liar when your moronic math makes currency valuation negative after only 26 years! :out: Sorry, but your own inability to deal with numbers and cognitive challenges doesn't make a liar out of someone who does understand the numbers and has a lot more synapses available!
By your math, you're also claiming that cities can have negative population or companies can have a negative number of workers or that objects that lose a percentage of mass every year will keep on losing mass into negative territory! Is that what you're really saying? Or are you perpetuating this paranoid conspiracy bullcrap to keep avoiding the question? As usual, your blathering factually-challenged response should make for an absurd, if not entertaining, read! :19:
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