At 09:56 PM 4/2/2003 -0600 Reggie Bautista wrote:
>JDG wrote:
>> > That's why I'm proposing measuring our bet in 2003 US $'s, >and then
>>making whatever exchange adjustments we need to >twenty years from now to
>>settle up. Basically, the US$ is >a unit of measure - the bet can be
>>settled by any other >currency of equivalent value.
>
>Erik responded:
>>Any currency could be devalued greatly in 20 years for various
>>reasons.
That's why I made the bet in constant 2003 US dollars. The value of that
is fixed for all time. Barring the end of civilization as we know it (in
which case, neither of us is collecting) we will be able to convert the
fixed value of 2003US$100 into whatever units of value we are using in 2023.
JDG
_______________________________________________________
John D. Giorgis - [EMAIL PROTECTED]
"The liberty we prize is not America's gift to the world,
it is God's gift to humanity." - George W. Bush 1/29/03
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