Quote from: BitterTea on October 13, 2011, 10:40:49 PM

Quote from: FAtlas on October 13, 2011, 10:37:10 PM

Ha ha, maybe next you can pull out the log graphs and push the delusion even further. Bitcoins are down 86% since their peak less than a year ago. Are you disputing that fact?

Those were both log graphs.

Yes, Bitcoin is down 86% from it's June peak. It's also up 400% from its one year low. Do you dispute that?

Quote from: FAtlas on October 13, 2011, 10:37:10 PM

Also, nominal yearly inflation in the low single digits like we've seen with the USD is pretty rad. It's pretty much ideal, actually. Wage stagnation isn't cool, though, which is the real problem at the moment.

Ah, silly me... nice troll.

Log graphs are pretty misleading, which was my point. Not trolling at all, though I am laughing at your grasp of Economics.

Sure, 2-3% is probably the ideal inflation level, and we're usually a little higher than that, but around 4% and lower like we've been seeing is pretty damn good. A low steady rate of inflation encourages investment and lending and is overall good for the economy.