Conversation with #inferno at Thu Nov 26 20:48:33 2009 on powerman-asdf@irc.freenode.net (irc)
(21:12:18) maht: they said it was fake money a few years ago
(21:12:42) maht: you could pm me uriel
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(23:13:08) anth_x: i don't think it'd have any effect until *at least* it approached .01%
(23:14:14) anth_x: that is, % of M1, at least. more likely M2, and i think foreign money supplies supply a further dampening factor.
(23:16:14) anth_x: i don't know what the GBP M1 numbers are, but i'd be surprised if £1m hit that threshold in 1995.
(23:17:47) anth_x: ah, the BoE uses different numbers, which aren't directly comparable.
(23:18:04) anth_x: their M4 isn't too far off. let's see...
(23:27:02) anth_x: GBP M4 in Jul95 was 556042, so the 1m K burned was ~.0005%.
(23:30:03) anth_x: actually .01% is probably too high. that's the measurement threshold, but the actual impact threshold might be an order of magnitude lower. maybe.
(23:30:44) anth_x: regardless, they still didn't hit it.
(23:31:35) anth_x: talk to bill gates, maybe we'll get something.
(23:33:35) anth_x: anyway, i'm off. back later.
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