Talk:Credit cycle

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This is another very POV piece. 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)

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)