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<p>[QUOTE="medoraman, post: 1864787, member: 26302"]What I find funny is how most people just do not "get" how numbers work. They do not "get" why the logarithm sheet for numbers starting with a 1 is used 100 more times than the one for numbers starting with a 9. Case in point: silver was less than a dollar an ounce for a long, long time. Back then all changes between 40 cents, 50 cents, 80 cents and ounce were discussed, worried about, and if the internet were around had pm shouting matches about. Today, all such movements between zero and $1 an ounce we view identical, since to us they were so low to begin with. Similarly, someday all silver price movements of between 0 and $100 an ounce will all be ignored as "quaint arguments" because the current price will be $3000 an ounce. This is the whole "going vertical" or "going exponential" garbage some people preach when viewing historical pricing indexed to modern prices. </p><p><br /></p><p>Not sure this helps. Maybe the only people who followed me are the ones who agree with me, but still. Lack of mathematical knowledge creates more opportunities for intentionally deceitful arguments than anything else I know short of simple greed.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1864787, member: 26302"]What I find funny is how most people just do not "get" how numbers work. They do not "get" why the logarithm sheet for numbers starting with a 1 is used 100 more times than the one for numbers starting with a 9. Case in point: silver was less than a dollar an ounce for a long, long time. Back then all changes between 40 cents, 50 cents, 80 cents and ounce were discussed, worried about, and if the internet were around had pm shouting matches about. Today, all such movements between zero and $1 an ounce we view identical, since to us they were so low to begin with. Similarly, someday all silver price movements of between 0 and $100 an ounce will all be ignored as "quaint arguments" because the current price will be $3000 an ounce. This is the whole "going vertical" or "going exponential" garbage some people preach when viewing historical pricing indexed to modern prices. Not sure this helps. Maybe the only people who followed me are the ones who agree with me, but still. Lack of mathematical knowledge creates more opportunities for intentionally deceitful arguments than anything else I know short of simple greed.[/QUOTE]
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