ST Alpha - "Yes - the speed of economic growth would slow by half, or more -- nm" (Reading a Post)

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In response to "Economics question: say the value of everything in the world is cut in half (prices, wages, savings, debt, everything). Is there any effect? -- nm" by Danoslam

Yes - the speed of economic growth would slow by half, or more -- nm

Posted by Beryllium (aka grayman) Aug 10 '09, 08:53

(No message)

Responses:

Why, if costs were lower? -- nm - mara Aug 10, 08:53 14
- interest rates would be lower -- nm - Beryllium Aug 10, 08:54 13
  - Why wouldn't that increase economic growth? -- nm - mara Aug 10, 08:55
  - er, why? -- nm - Reagen Aug 10, 08:54 11
    - because either they got cut in half like everything else, or else the amount of money collecting interest would be halved. - Beryllium Aug 10, 08:55 10
      - [deleted]
      - but that wouldn't change the rate. -- nm - Reagen Aug 10, 08:56 8
        
        Lower math is hard. -- nm - Spawn Aug 10, 08:57
        
        It must be measured over time. Halfing the amount would double the time. -- nm - Beryllium Aug 10, 08:57 6
        
        it would be a discontinuity in the graph, but changing all the 2s to 1s does nothing to modify the transactions going on. -- nm - Reagen Aug 10, 08:58 5
        
        Okay, in graphing terms, say that the slope of a graph depicting month to month economic growth is "2". - Beryllium Aug 10, 09:01 4
        
        that's what I mean by a discontinuty. But what you're saying is trivial to the issue. - Reagen Aug 10, 09:05 3
        
        I think we should ask Max Keiser. -- nm - Beryllium Aug 10, 09:11 2
        
        I did. - Roger More Aug 10, 09:18 1
        
        No you didn't. - Spawn Aug 10, 09:19

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