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"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

Showing posts with label geometric expansion. Show all posts
Showing posts with label geometric expansion. Show all posts
25 June 2009

Jesse's Question for the Day

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The expansion of credit in a fractional reserve banking system seems to be geometric. The spending in the wage - price function, as captured...
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