CB, don't be over-awed by the financial engineering maths. That Cornell malarkey is Newtonian engineering maths = overly simplistic and not able to handle financial relativity theory and monetary Black Scholes which suck money to the event horizon and into a financial singularity from which, as TJ says, quantum tunneling sees it pop out in remote locations in a new form, with Mqurice radiation [like Hawking radiation] leaking minuscule financial units back out of the event horizon, shrinking the Black Scholes down to manageable size until they go "pop" and disappear leaving a new financial cosmos where there was once a US$ financial mega-star of galactic proportions, seeming to fill the void.
TJ spent too much time in extra-curricula activities and did not see beyond the simplistic Cornell "financial engineering" 19th century Newtonian financial engineering concepts which are suitable for building things like a financial Eiffel Tower made of rusting end-state iron, or a financial shield of tarnishing silver, or an economic temple made of stable star dust gold, or a chemically catalytic platinum financial reactor.
We have entered the realm of financial relativity theory and Goedelian self-referential monetary wave functions in aethereal form. Qi is the monetary unit of this period.
Iron, brass, silver, gold, platinum are just a Newtonian financial equivalent of the lower levels of Maslow's hierarchy of money. A kind of electrochemical financial series of reactivity; fit for the mid 20th century and still in use today, while fiat funding finds its feet.
Even Uncle Al KBE thought, back in the day, that a gold standard was a good thing before he underwent a conversion. Even now, Ron Paul thinks a gold standard is the way to go. He should ditch that silly idea and promise to pay every American on the electoral roll [not in prison etc], US$10,000 cash as soon as he is inaugurated "to rescue the economy". The current pathetic bipartisan amount isn't enough to have a significant effect. It's missing the fun factor. THEN he'd get elected and could do the good things needed.
The Qi is under development to replace all that old Newtonian Aztec thinking which is limited to the material world of naked barbarians clutching their little totems and dancing around their campfires chanting incantations to the financial God-.
After winning the election, he could leave it to financial relativity theory and the Qi to reorder the monetary universe. Hey presto, all the problems would go away, with TJ's hierarchy of metals being diverted to useful things befitting their material engineering properties. Gold would be worth the cost of production, not Q10,000 an ounce.
Cornell financial engineering is as relevant to financial relativity theory as smoke signals are to CDMA. Speaking of which, you would think that TJ with his wave functions in quantum photonic-electronic digital gizmo and antenna theory with computer structure, microcodes and boolean bamboozling would leap at the chance to explain to Hu Jintao's decision-makers the ability of OFDM/CDMA in 450MHz to bring peace, light, harmony, happiness, health, prosperity, longevity, fun and love to replace the 800 year "accident".
Mqurice |
