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This is another very POV piece

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Just one example is the claim that hyperinflation is induced (with no qualifications) in a "debt based monetary system" (and with "frenzied" bidding -- hardly a very encyclopedic description). The page on such systems indicates that nearly all modern systems are such systems, and the page on hyperinflation indicates that hyperinflation is not common in such systems if well regulated (20 to 30% inflation required). 32F 06:24, 23 September 2007 (UTC)[reply]

The uneducated sure get around. Perhaps they are the only ones with the time to graffiti pages they know nothing (or very little) about. Others are too busy trying to protect (or grow) what investments they have.
If you'd ever been to the pit of the options exchange in Chicago you'd know what "frenzied" means. No, cancel that. If you'd ever been to a bidding war over Florida or Hawaii or San Diego property two years ago you'd know what "frenzied" means.
The "hyperinflation" described in the article occurs in the ASSET market, not the consumable goods market. And 20% to 30% "hyperinflation" is almost exactly what we've had in residential property markets in some pockets of the US and the UK in the last few years, and in some stock indicies as well. Just because some investors think it's "good" hyperinflation doesn't mean it's not hyperinflation. When things turn ugly (like right now in the housing market in the US - and possibly the UK) it's called "deflation" in that asset market. Investors (and bankers) don't like that kind of "deflation", and they'll do almost anything short of selling their own mothers to stop it, but it's still "deflation".
"32F" after various acts of "courageous" (albeit anonymous) graffiti on WP, I have repeatedly asked you for your qualifications in economics, with no response. You're either extremely modest or extremely...how should I put this...misguided. Frankly I have no idea what you are doing on these pages (lots of free time I suppose?). I am going to carefully remove the POV tag and try to clean up the mess you've made. No doubt you'll soil the page again, but I ask you to look in the mirror before you do and ask yourself the following very simple question: "What qualifications do I have in monetary or financial economics?" —Preceding unsigned comment added by Karmaisking (talkcontribs) 23:31, 2 October 2007 (UTC)[reply]

Magic of compound interest?

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I think the "magic" of compound interest might also be at play. Debts increase exponentially, while the ability to pay (actual economic growth) increase only arithmatically. Eventually the shit hits the fan. Debts that can't be paid, won't. This was realized thousands of years ago in Mesopotamia where debts were erased periodically with the crowning of a new ruler, etc, culminating in the regularized biblical jubilee. It was realized that if you don't want your population to be reduced to perpetual debt slavery, then the debt's have to be forgiven periodically and society returned to its proper state. This relief was made all the easier to implement due to the fact that most debts were owed to the temple or ruler, not to private individuals. This cycle continued for 3000 years. When these institutions reached Rome, debt relief became increasingly difficult to implement because the debts were now mostly owed to private individuals who were not so ready to forgive them. It is said that one of the reasons for the assasination of Julius Caesar was his attempted implementation of massive debt relief. 24.36.78.185 (talk) 10:39, 4 March 2010 (UTC)[reply]