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Rediscovering Minsky's wheel, one pundit at a time | 77 comments (77 topical, editorial, 0 hidden)
Re: But isn't that (none / 1)
In my example x is 5% so I made a mistake of about 0.25%...

Yes, but just moments prior I was talking about 28 % haircuts, and then it's no longer a wholly trivial matter...

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu May 12th, 2011 at 11:20:19 AM EST
[ Parent ]
Re: But isn't that (none / 0)
Right, then the difference between 1/(1-x) and 1+x is a whole 10%.

Economics is politics by other means
by Carrie (migeru at eurotrib dot com) on Thu May 12th, 2011 at 11:30:24 AM EST
[ Parent ]

Rediscovering Minsky's wheel, one pundit at a time | 77 comments (77 topical, 0 editorial, 0 hidden)
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