User talk:Pi-or-tau
My Dearest Piortau Pi-or-tau (talk), a country´s economy is in hyperinflation when the monthly inflation rate is 50% per month and stays like that for 12 months, that is, 13 000% (thirteen THOUSAND percent) per year - according to ONLY the 5 or fewer Wikipedia editors who control this article and Prof. Steve Hanke, from Johns Hopkins University. 99.999999999999999999999% of this article is based on these 5 or fewer Wikipedia editors´control of this article and Prof. Steve Hanke view. No other university in the world allows their economics professor to teach students that hyperinflation only occurs at 50% inflation per month for 12 months in a row. Luckily, the United States of America and ALL other countries in the world, follow the IASB´s definition of hyperinflation being 100% cumulative inflation over three years, that is, 26% annual inflation for three years in a row. That is forbidden to mention even with reliable sources in this article. More than 200 countries implement IFRS. Thus, more than 200 countries follow the IASB´s definition of hyperinflation. All countries in the world follow the IASB's definition. It is absolutely forbidden in this article to state this with reliable references. Absolutely.
Thanks to the absolute control that the 5 or fewer Wikipedia editors have over this article. No country in the world follows Prof. Steve Hanke´s lead of purporting that hyperinflation only occurs at 50% inflation per month for 12 months in a row. Unfortunately, the 5 or fewer Wikipedia editors who control what appears in this article, follow Prof. Hanke´s teachings. No-one else does. However, these 5 or fewer Wikipedia editors control what appears in this article about Hyperinflation. There is nothing your or I can do about it. This is how Wikipedia works.
According to the other 7 billion people who inhabit this planet earth and the International Space Station, hyperinflation in a country on Earth equals 100% cumulative inflation over three years, that is, 26% annual inflation over three years as defined by the International Accounting Standards Board in April, 1989 and accepted and acted on by all accountants world wide - on this planet earth, but not by the 5 or fewer Wikipedia editors who control what appears in this article. What 7 billion people do has no influence on this article. The 7 Billion people's view has no value in this article. What counts is ONLY what the 5 or fewer Wikipedia editors who control what appears in this article, will allow to appear in this article.
So, IN FACT, Venezuela has been in hyperinflation since November 2008 or 20009, I don´t remember exactly when. It was there about. But, that is of no relevance here on this article controlled by these 5 or fewer Wikipedia editors.
So, forget about getting Venezuela mentioned in this article. Venezuela is no-where near hyperinflation according to the 5 or fewer Wikipedia editors who control this article.
They will ONLY add Venezuela to this article when Venezuela, currently at 800% hyperinflation in the real world, gets to 13 000% hyperinflation per annum.
So, please, wait till then. Then the 5 or fewer Wikipedia editors (it could even be 2 or 3) who control this article, will allow Venezuela to be added to this article.
Sorry, my dear Piortau Pi-or-tau (talk), but, this is how Wikipedia works.
I have spent about 15 years - or more - on this article, trying to get it to be an encyclopedic article about hyperinflation - to no avail. These 5 or fewer Wikipedia editors control this Hyperinflation article and will not allow it to be an encyclopedic representation of hyperinflation in the world. Period.
Just accept it. There is absolutely nothing we can do about this situation.
This is how Wikipedia works.
In principle, we have to wait for Steve Hanke to die (that could take another 30 to 40 years - or more) before this article would state what has been happening since April, 1989; namely, that all countries and governments - and all accountants in the world - follow the IASB's definition of hyperinflation as being 100% cumulative inflation over three year, or 26% annual inflation for three years in a row.
Piortau Pi-or-tau (talk), American multinationals with subsidiaries in Venezuela have been applying the IASB'S definition and rules regarding hyperinflation since 2009 in their annual reporting. That is absolutely of no interest to the 5 or fewer Wikipedia editors who control what appears in this article and Prof. Steve Hanke from Johns Hopkins University.
Reality has no place on Wikipedia. Only the view of Wikipedia editors who control articles on Wikipedia. Reliable references? Forget about it.
Welcome to Wikipedia!
Kindest regards,
89.115.121.112 (talk) 14:23, 20 May 2017 (UTC)
- Pi-or-tau: Be advised that this IP is almost certainly blocked user PennySeven, who has been disrupting the Hyperinflation article for years. —C.Fred (talk) 20:51, 23 May 2017 (UTC)