[meteorite-list] Emil Cohen's Market Trends of 1899 - Cohen'sremarks & pl...

[MexicoDoug at aol.com]

Bill,
 
NY's also a State of Mind. (19)

You are a very smart man.  (19)

Thank ya fo' yo' comments. (19)

Doug
PS: Please keep them short. (19)

En un mensaje con fecha 04/14/2005 2:30:23 AM Mexico Daylight Time,  
joseph_town at att.net escribe:
Doug,

I just said the same thing using 19  letters. The point has been made.

Bill


-------------- Original  message ----------------------
From: MexicoDoug at aol.com
> En un mensaje  con fecha 04/14/2005 1:14:19 AM Mexico Daylight Time,  
>  mlblood at cox.net 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
>  
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