ST Alpha - "because either they got cut in half like everything else, or else the amount of money collecting interest would be halved." (Reading a Post)

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In response to "er, why? -- nm" by Reagen

because either they got cut in half like everything else, or else the amount of money collecting interest would be halved.

Posted by Beryllium (aka grayman) Aug 10 '09, 08:55

When that compounds over time, it sets the "speed" of economic growth. Sort of a snowball effect, if you will. Half it, and the snowball starts at a smaller size, and takes longer to grow and gather speed.

Responses:

[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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because either they got cut in half like everything else, or else the amount of money collecting interest would be halved.

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