Doug, I just said the same thing using 19 letters. The point has been made.
Bill -------------- Original message ---------------------- From: [EMAIL PROTECTED] > En un mensaje con fecha 04/14/2005 1:14:19 AM Mexico Daylight Time, > [EMAIL PROTECTED] escribe: > > >I would add that > >ALL currency is "monopoly money" with absolutely no value, > >whatsoever, except as agreed upon by its users. > > Which gets us back to another very important point, "The VALUE of any > particular good is what a given person at a given moment by their free will > GIVE > in > exchange for certain recognized rights over it." Such as the right to be > buried with it. That would seem to make sense. Perhaps if instead of using > artificially imposed standards such as gold, we can turn to factoring in > purchasing power parity across nations and time and view the world in terms > of > Big > Macs. The Financial Times has had a great deal of luck explaining such deep > concepts in terms of Big Macs rather than money. It also goes a long way > explaining why meteorites tend to flow to "developed" world countries in > exchange for Big Macs. Of if you don't like big Macs, gold, or Uncle Sam's > obligations, a meteorite standard would do just as well. The world has > certainly > come a long way. From international traders using the Spanish Dollar as a > standard in the 1600's, to the Mexican Allende meteorite today...And it is > true > that a gram of Allende doesn't stretch as far as it used to... > Saludos > > ______________________________________________ > Meteorite-list mailing list > [email protected] > http://six.pairlist.net/mailman/listinfo/meteorite-list ______________________________________________ Meteorite-list mailing list [email protected] http://six.pairlist.net/mailman/listinfo/meteorite-list
