- Original Message -
From: Keith Hudson [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED]
Sent: Saturday, February 23, 2002 2:45 PM
Subject: Re: Floating currencies (was Re: The Science of Fairness)
Hi Steve,
At 23:12 17/02/02 -0500, you wrote:
As we seem to be the
At 03:13 PM 2/16/2002 -0800,Keith Hudson wrote:
In desperate circumstances currencies become real
(in many areas of Afghanistan grain is now the only currency).
Hi Keith,
I agree!! Not only do currencies become real; so do people!! Real
circumstances versus simulated circumstances makes all
Hi Keith,
That was a very touching response to the ps portion of my 'floating
currency'' email. Speaking of touching, I heard a great piece on CBC radio
the other day. A researcher was sharing the results of her study on how
much touching goes on between young couples of different cultures.
Since much of my career focused on relative valuations of currencies and
the 'odds' the derivatives market placed on changes to them (put call
option prices imply expected volatility), here's a brief comment on the
current state of affairs.
It is highly unlikely in my opinion that the major
Hi Keith:
I like this post and the information you bring to awareness. It really is a
shell game until we find a way to determine value of a currency. The reason
it hasn't collapsed yet is perhaps, the fact that most people living today
grew up in the mindset that there was some definitive
Hi Charles,
At 18:59 04/02/02 +1100, you wrote:
(CB)
You commented in part in this post that no-one has yet countered your
argument that
(KH)
the mechanistic aspect will not be sufficiently analysable or understood
until we have a currency system that has constant purchasing-parity across
all