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Washington State proposed bill to make gold and silver legal tender
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<p>[QUOTE="medoraman, post: 1410652, member: 26302"]I stated that every chart showing a simple compounding factor will appear as your graph appears. You said prove it, and I did. I asked you to map yoru chart to something other than something not reducing its power over time, and you ignore me, like I thought you would.</p><p><br /></p><p>I proved my assertion that any graph showing money over a long period of time will show that shape, the exact same shape many hucksters like to scare people with. I have not looked at the data, and accept its correct, the point all along was that that graph was erroneous built, like any graph charting static dollars over time.</p><p><br /></p><p>Either you don't get that, or you are ignoring the point. I honestly am not sure which is it.</p><p><br /></p><p>You asked me to do something and I did. Now, for the 3rd time, are you going to restate your graph in terms of "real money" and chart the debt versus gold? I would accept inflation adjusted dollars if you don't wish to malign your precious gold.</p><p><br /></p><p>Restated, the graph may show debt increasing. In that case the graph is actually telling us something. Short of that its simply a mathematical trick used all too frequently to scare the mathematically illiterate.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1410652, member: 26302"]I stated that every chart showing a simple compounding factor will appear as your graph appears. You said prove it, and I did. I asked you to map yoru chart to something other than something not reducing its power over time, and you ignore me, like I thought you would. I proved my assertion that any graph showing money over a long period of time will show that shape, the exact same shape many hucksters like to scare people with. I have not looked at the data, and accept its correct, the point all along was that that graph was erroneous built, like any graph charting static dollars over time. Either you don't get that, or you are ignoring the point. I honestly am not sure which is it. You asked me to do something and I did. Now, for the 3rd time, are you going to restate your graph in terms of "real money" and chart the debt versus gold? I would accept inflation adjusted dollars if you don't wish to malign your precious gold. Restated, the graph may show debt increasing. In that case the graph is actually telling us something. Short of that its simply a mathematical trick used all too frequently to scare the mathematically illiterate.[/QUOTE]
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Washington State proposed bill to make gold and silver legal tender
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