Comments on: The money illusion http://veryevolved.com/2009/03/the-money-illusion/ The hidden biology behind everything you do Sat, 20 Mar 2010 14:11:05 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Hal http://veryevolved.com/2009/03/the-money-illusion/comment-page-1/#comment-360 Hal Sat, 20 Mar 2010 14:11:05 +0000 http://veryevolved.com/?p=497#comment-360 I mean 2% raise and 4% inflation. But you are still better off. I mean 2% raise and 4% inflation. But you are still better off.

]]> By: Hal http://veryevolved.com/2009/03/the-money-illusion/comment-page-1/#comment-359 Hal Sat, 20 Mar 2010 14:10:03 +0000 http://veryevolved.com/?p=497#comment-359 If you do the math, you are actually better off financially with the 4% raise and 2% inflation, so the two choices are not equivalent. If you do the math, you are actually better off financially with the 4% raise and 2% inflation, so the two choices are not equivalent.

]]> By: Patrick http://veryevolved.com/2009/03/the-money-illusion/comment-page-1/#comment-293 Patrick Mon, 06 Apr 2009 11:06:34 +0000 http://veryevolved.com/?p=497#comment-293 @Mustafa - Nope you didn't miss anything, it was my typographical error. Thanks for pointing that out - it's the crux of the experiment! Patrick @Mustafa – Nope you didn’t miss anything, it was my typographical error. Thanks for pointing that out – it’s the crux of the experiment!

Patrick

]]> By: Mustafa http://veryevolved.com/2009/03/the-money-illusion/comment-page-1/#comment-292 Mustafa Mon, 06 Apr 2009 05:52:56 +0000 http://veryevolved.com/?p=497#comment-292 "The second time around the cash prizes were doubled and the cost of the items in the catalogue were also 50% more expensive. Obviously there is no difference in how much purchasing power the money has" I am not quite sure how increasing cash prizes by 100% and the cost of items by 50% make no difference. Am I missing something? “The second time around the cash prizes were doubled and the cost of the items in the catalogue were also 50% more expensive.

Obviously there is no difference in how much purchasing power the money has”

I am not quite sure how increasing cash prizes by 100% and the cost of items by 50% make no difference.

Am I missing something?

]]> By: Patrick http://veryevolved.com/2009/03/the-money-illusion/comment-page-1/#comment-279 Patrick Mon, 30 Mar 2009 21:35:14 +0000 http://veryevolved.com/?p=497#comment-279 I believe that's meant to be Grover Cleveland. And getting one is extremely simple: Ctrl+P on a PC and Command+P on a Mac. :) Patrick I believe that’s meant to be Grover Cleveland. And getting one is extremely simple: Ctrl+P on a PC and Command+P on a Mac.

:)

Patrick

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