Comments on: Bankers and Skin in the Game? Taleb continued And Samuel Taylor Coleridge, Ezra Pound and Lord Byron? /2015/07/17/bankers-and-skin-in-the-game-taleb-continued-and-samuel-taylor-coleridge-ezra-pound-and-lord-byron/ Exegesis Hermeneutics Flux Capacitor of Truthiness Mon, 31 Aug 2020 11:10:38 +0000 hourly 1 By: rogerglewis /2015/07/17/bankers-and-skin-in-the-game-taleb-continued-and-samuel-taylor-coleridge-ezra-pound-and-lord-byron/comment-page-1/#comment-11652 Mon, 31 Aug 2020 11:10:38 +0000 /2015/07/17/bankers-and-skin-in-the-game-taleb-continued-and-samuel-taylor-coleridge-ezra-pound-and-lord-byron#comment-11652 https://twitter.com/rld_real_CPR/status/1300389853075591168

]]> By: Tragedy and Hope, From whence we came! – RogersLongHairBlog /2015/07/17/bankers-and-skin-in-the-game-taleb-continued-and-samuel-taylor-coleridge-ezra-pound-and-lord-byron/comment-page-1/#comment-3781 Mon, 15 Jul 2019 07:46:15 +0000 /2015/07/17/bankers-and-skin-in-the-game-taleb-continued-and-samuel-taylor-coleridge-ezra-pound-and-lord-byron#comment-3781 […] hardly anyone ever asks how much skin in the game the Lending institution actually has. Bankers and Skin in the Game? Taleb continued And Samuel Taylor Coleridge, Ezra Pound and Lord Byron… Regular purchasers of debt ( borrowers) traditionally would have both lower gearing and higher […]

]]> By: Austerity, Enlargement and Monetary Union. The End of European Democracy. Not Waving But Drowning. – RogersLongHairBlog /2015/07/17/bankers-and-skin-in-the-game-taleb-continued-and-samuel-taylor-coleridge-ezra-pound-and-lord-byron/comment-page-1/#comment-2283 Tue, 09 Apr 2019 18:48:29 +0000 /2015/07/17/bankers-and-skin-in-the-game-taleb-continued-and-samuel-taylor-coleridge-ezra-pound-and-lord-byron#comment-2283 […] https://letthemconfectsweeterlies.blogspot.se/2015/07/bankers-and-skin-in-game-taleb.html […]

]]> By: Roger Lewis /2015/07/17/bankers-and-skin-in-the-game-taleb-continued-and-samuel-taylor-coleridge-ezra-pound-and-lord-byron/comment-page-1/#comment-40 Tue, 21 Jul 2015 10:01:46 +0000 /2015/07/17/bankers-and-skin-in-the-game-taleb-continued-and-samuel-taylor-coleridge-ezra-pound-and-lord-byron#comment-40 ´´any doubling is approximately equal to the sum of all the preceding growth!´´My researches ahve lead me to the Exponential Function. and Doubling Times
The notion of doubling time dates to interest on loans in Babylonian mathematics. Clay tablets from circa 2000 BCE include the exercise “Given an interest rate of 1/60 per month (no compounding), come the doubling time.” This yields an annual interest rate of 12/60 = 20%, and hence a doubling time of 100% growth/20% growth per year = 5 years.[1] [2] Further, repaying double the initial amount of a loan, after a fixed time, was common commercial practice of the period: a common Assyrian loan of 1900 BCE consisted of loaning 2 minas of gold, getting back 4 in five years,[1] and an Egyptian proverb of the time was “If wealth is placed where it bears interest, it comes back to you redoubled.”[1][3]https://en.wikipedia.org/wiki/Doubling_time.

I have found a paper that researching money supply growth in the US, Japan and Germany states a doubling time of between 8 and 10 years. If Money supply growth dopubles in 10 years then that is roughly equivalent to all money supply combined in previous periods. looked at it this way it is easy to see how a catastrophic collapse after a particularly large boom in money supply and hence Bank profits would cancel out all previous profit. I think it will take rather longer to reduce the notion back down to some empirical data but it does exist allbeit used to demopnstrate other concerns on money supply mainly regarding inflation and not the consequences of debt.

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