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Why does my country not have 9437500% inflation?
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Topic: Why does my country not have 9437500% inflation? (Read 426 times)
HCLivess
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=== NODE IS OK! ==
Why does my country not have 9437500% inflation?
September 17, 2015, 09:11:34 AM
#1
OK so the government paid bonuses to the road administration executive for ineffective management and stealing.
The money given was an equivalent of $27962962. This money was given out for fraud. My country's average income is $740/m. There is a possibility for yearly bonus of $314, if you work hard and the entire company is doing well. If money is wasted like that and if the executive was treated as an average person, the calculated inflation should be 9437500%. Why does wasting money not increase inflation? Is it through debt?
Bismuth -
https://bitcointalk.org/index.php?topic=1896497
NADO -
https://bitcointalk.org/index.php?topic=5425042.0
qTrader -
https://bitcointalk.org/index.php?topic=5206250
Bitrated user: HCLivess.
NorrisK
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Re: Why does my country not have 9437500% inflation?
September 17, 2015, 09:17:38 AM
#2
I do not think This is a correct calculation and I think you are mixing some stuff up.
Though, it is ofcourse absolutely insane that mismanagement get rewarded like this compared to the average income.
HCLivess
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=== NODE IS OK! ==
Re: Why does my country not have 9437500% inflation?
September 17, 2015, 09:26:49 AM
#3
Quote from: NorrisK on September 17, 2015, 09:17:38 AM
I do not think This is a correct calculation and I think you are mixing some stuff up.
Though, it is ofcourse absolutely insane that mismanagement get rewarded like this compared to the average income.
You're right, I wanted it to be a little provocative. So hopeless. Time to buy more BitCoin.
Bismuth -
https://bitcointalk.org/index.php?topic=1896497
NADO -
https://bitcointalk.org/index.php?topic=5425042.0
qTrader -
https://bitcointalk.org/index.php?topic=5206250
Bitrated user: HCLivess.
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