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Member Info for mumerologist

Member Since: Sun, 8th Jan 2012

Number of Share Chat Posts (all time): 302
Number of Share Chat Posts (last 30 days): 0

Last Posted: 20 Jan '15

20 Jan '15

QE is much like a medicine which if taken in small doses will cure you but if taken in large doses will kill you. We are conducting an experiment at the moment to determine how large a small dose can be is with obvious risks if we get it wrong.

19 Jan '15

In case anyone is wondering how the trick works. To execute the trick you need to lay a trail that starts with the hotel and ends with the hotel, it doesn't matter how many intermediate steps there are, you could go on for hours all you have to do is to complete the circle by having the last person owe the hotel.

Hotel owes Butcher

Butcher owes Beef seller

Beef seller owes Hotel

The person lending the 100 euros is just a red herring.

The hotel owner could have equally written an IOU for 100 euros and providing the IOU comes back to him all debts will be settled because all debts are part of a common debt circle in which everybody owes one person in the circle a 100 euros. The net debt is zero and the trick is to disguise that fact.
19 Jan '15

Your conundrum is a well known party trick to play on the mathematically challenged. I thought you were just playing the trick not taking it seriously.
19 Jan '15

A simpler version of that story is: I owe you 100 euros and you owe me a 100 euros. I have a 100 euros which I give to you and then you it back to me. We are now in exactly the same situation as when we started but all debts have been paid off.
2 Jan '15

Can you put me down for 110p. Donation made for last years pathetic attempt, at least some good came out of it.

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