demagogue on 13/5/2022 at 08:06
That's still a glacial pace compared to how fast the value of Zimbabwe's currency fell in 2008 when Mugabe started his redistribution program or whatever triggered it.
Quote Posted by "Wiki page for Hyperinflation in Zimbabwe"
The peak month of hyperinflation occurred in mid-November 2008 with a rate estimated at 79,600,000,000% per month, with the year-over-year inflation rate reaching an astounding 89.7 sextillion percent.
Starker on 13/5/2022 at 10:06
Cryptocurrency: a less convenient currency for people who like all the problems and market manipulation of real world finance, but with even less regulation and oversight.
Cipheron on 13/5/2022 at 11:49
Quote Posted by demagogue
That's still a glacial pace compared to how fast the value of Zimbabwe's currency fell in 2008 when Mugabe started his redistribution program or whatever triggered it.
You're not taking compound interest into account.
79,600,000,000% = times 796,000,000, per month.
The daily average rate of increase would be (796,000,000)^(1/30) = 1.98
So that percentage you indicated is very close to a daily doubling of prices.
(
https://www.coinbase.com/price/terra-luna)
However, this coin was $82.58 a week ago and about $0.000050 today. That's a decrease by a factor of 1,651,600 in 7 days. The daily average decrease in value = 7.73 time.
Or, 1,651,600^4 would be a monthly averaged rate of about 744,079,769,464,015,360,000,000,000%
However, looking at just the last 24 hours, the price fell from $2.20 to $0.000031. That's a daily decrease of 7 million percent. Zimbabwe dollars had high inflation, but there was no point at which the value dropped by 7 million percent in a day.
demagogue on 13/5/2022 at 12:08
Okay, okay. And here I thought I posted the biggest number in our forum today. Well I didn't actually write the number, but the napkin math I mentioned in my parallel worlds post would work out to 10^156 potential parallel worlds since the Big Bang, a 1 followed by 156 zeros. But it seems you have me beat. XD
Edit: Oh no wait, that's just for one person, and there's a lot more than one person in the universe! Well my brain has already left the building, so I'll leave it at that...
Edit 2: You edited out your bigger number, so this post doesn't really make sense anymore. But 'salright. Any maths is cool maths...
Cipheron on 13/5/2022 at 12:41
Quote Posted by demagogue
Edit 2: You edited out your bigger number, so this post doesn't really make sense anymore. But 'salright. Any maths is cool maths...
I edited out the yearly figure (10^326) because i wasn't sure it was economically coherent to project out spot-inflation to a whole year. I figured that was unfair, since they hadn't done that for Zimbabwe. However if both rates were calculated out to a year, Zimbabwe would be around 10^109 vs TERRA's 10^326.
However i haven't dared to do the one-day inflation of 7 million percent out to a year. That would have 1768 zeroes apparently XD.
Starker on 2/7/2022 at 15:14
An write-up on the whole Amber Heard/Johnny Depp domestic abuse thing that was suggested to me by someone:
(
https://www.readthepresentage.com/p/johnny-depp-amber-heard)
It's a bit long, but well worth the read IMO. It doesn't so much go into the specifics or focus on the more headline grabbing aspects, but talks more about patterns of behaviour in general.
I kept hearing about it here and there, but didn't pay much attention to it at the time, cause I had it pegged as a typical Hollywood scandal and as such quite worthless in the backdrop to what's happening in Ukraine and US politics and in world in general. Looks like it has some pretty serious implications, though, as a continuation of the post-Gamergate cultural milieu we're in.
lowenz on 3/7/2022 at 08:54
You know, porn is that kind of circus where people to survive start to take it seriously and passioANALy. Like politics, it works because fantasy is forced on reality so deep that it changes your perception.
Cipheron on 3/7/2022 at 18:17
This on CNN, today
(
https://edition.cnn.com/2022/07/02/us/texas-group-proposes-school-slavery-language/index.html)
Quote:
A workgroup developing a second-grade social studies curriculum for the Texas State Board of Education last month suggested using the term "involuntary relocation" to describe people who were sold into slavery, the board's chair said, amid national debates on the role of critical race theory in classrooms.
The proposed phrase was part of the initial draft outlining the second-grade standards from a review committee that included a section titled "Enslaved Peoples in America."
"The board -- with unanimous consent -- directed the work group to revisit that specific language," Keven Ellis, chair of the Texas State Board of Education, said in a statement.
In the meantime, the board will continue working on the curriculum later in the summer, according to Aicha Davis, a member of the State Board of Education who represents parts of Dallas and Tarrant counties.
"I have a hard time seeing how it is acceptable to substitute the phrase 'slave trade' for the phrase 'involuntary relocation,'" Davis told CNN.
They're backpedaling already, but it's definitely a bad looking move. Apparently this is the first time they were going to introduce slavery as a topic at 2nd-grade level, and they decided the word "slavery" needed to be censored.
The head of the committee has tried to downplay the situation by saying that the committee rejected the term "involuntary relocation" already after the backlash, but the fact is that they want to whitewash the word "slavery" from the discussion while also introducing it to younger students. That really does smack of trying to indoctrinate the students.
lowenz on 3/7/2022 at 18:45
"If the libtards can play with words to create their own neolanguage why can't we?????"
It's just political trolling.