What I Learned Today...
I'm not so sure that I would define 'levels' - more degrees of moronity. One individual posting in this thread might be classed as 100% moronic. Most other people posting here would be fairly close to 0%.nodnirG kraM wrote:So you're saying there are several levels of moronitude? What are these? I could do with a new way of pigeon-holing my peers.
Well, just because I can be pedantic about this sort of thing: I'm not a 'financial' type, and that wasn't an index.Sput wrote:Awww you financial types. You have an index for EVERYTHING.
An index is, as Wikipedia defines it, "a single number calculated from a set of prices or of quantities". So if you consider the Retail Price Index, there will be some base year where the price of a select basket of goods was set equal to 100. In fact, the price of that basket of goods might have been £54.23. The following year, the price of that basket of goods was £55.31. That represents an increase of 2%. So the figure for the second year of the index would be 102. The year after that the price of the basket turns out to be £55.87, which is 1% higher than the previous year, and approximately 3% higher than the first year. So the third year's data point in the index would be 103. An index always give you an easy comparison to some base year - 12 years later the index figure could be 162, which implies that prices have increased by 62% from the base year.There you go - now you've all learned something today as well.
Yes I see - I like that idea. You would have a basket of morons, and then would track their moronity from day-to-day. Of course, I can't say I'd volunteer for the responsibility of constructing and maintaining such an index. You'd slowly go mad having to read all the crap.Sput wrote:You COULD make it based on a basket of morons, I think you have a few to choose from around here.
That's correct - and order & balance in the world has been restored.And should I have said "economic type"?
