Alex,
Your Work Derivative Plan ignited quite a lot of interest.
The part that i liked the most was the following,
"... questions/concerns/worries can be hedged."
Great, as this leaves in the dust the old fashion
types of hedging done initially by those to help
the real hard working people like farmers that
can lose months of labor in a single day or in
the period after planting. But then i'm not sure
if hedging helps a farmer that produces no crops.
Funny, as i sit here waiting for my brain signals
to get their act together and deliver to my awareness
more details about a farmer getting a price ahead of time
for crops he will sell after the next planting season,
i wait and i'm waiting and it seems that no more info
is available for i to receive on this topic. But i know that
i do have more recorded, as i remember reading stuff.
But nope, nothing.
Like waiting for those cows to come home.
Wait, i know whats what here.
Yes i got info about hedging and derivates,
but it was put into that place in my brain
reserved for "Mankind, gone out of control into WackoLand."
Imagine a hundred years ago,
or whenever America usa was settled,
the time folks went west in covered wagons
and what one created and accomplished
was what one created and accomplished.
The above last 2 lines,
and...
was...
no free lunch
no life insurance policy
no one saying "For a fee i will protect your work output."
Now, we have bon-ron & GooZoonTight telling us
that there are folks skilled in government methods
and folks skilled in mathmatical paper creation
such that the skills and hard work and facing dangers
type people that build the usa into a world power
are old fashion and replaced with Technology
and World Powers that Be in banking & finance.
Oops, forgot to mention above the BirdZoneLand
that has a door into the DumbZone so that these
folks can remind us that only they understand
what we think we understand, but we really do not.
hedge your fears away,
and for a fee someone will accept your risks
and this someone will then hedge the risks he obtained from you
as he hedges them to another
and on and on
and eventually in the end
one person will carry the weight of all the risks of planet Earth
and he will look up into the sky
and with a simply nod from his head
he will cause the sky to fall.
doug |
