SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (15049)2/15/2002 4:59:03 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Schroeder in Brazil, Chretien in Russia. The men are on the road seeking business to kick start the economies. Now if we add Brazil and Russia top China, perhaps we can pull out the economy from the tail spin.

All this is happening while the US fat cat bureaucracy is making a new black and white mark on the floor. Dividing the people into good and bad. Only that this time we are here to laugh. Yes, J is right I have my hot button!

Split grows over US foreign policy
By Judy Dempsey in Brussels
Published: February 14 2002 20:16 | Last Updated: February 15 2002 01:26


Chris Patten, the European Union's external affairs commissioner, has made an emotional plea to the United States, calling on it to abandon what critics see as its policy of unilateralism and instead use its leadership to promote international cooperation.

news.ft.com



To: smolejv@gmx.net who wrote (15049)2/15/2002 8:18:06 AM
From: Don Lloyd  Read Replies (1) | Respond to of 74559
 
dj -

From 'The History of Money', by Jack Weatherford, p. 20 -

"Chocolate, like all other types of money, has no inherent value outside of a cultural context. ... The Mesoamerican love of chocolate as a food and as a means of exchange contrasted greatly with the values of the first European pirates to seize a ship loaded with cacao beans: the pirates mistook the cacao beans for rabbit dung and dumped the entire cargo into the sea."

p 31, -

"The wealth of Croesus and his ancestors arose not from conquest but from trade. During his reign (560-546 B.C.), Croesus created new coins of pure gold and silver rather than electrum. Using their newly invented coins as a standardized medium of exchange, the Lydian merchants traded in the daily necessities of life -- grain, oil, beer, wine, leather, pottery, and wood -- as well as in luxury goods such as perfumes, cosmetics, jewelry, musical instruments, glazed ceramics, bronze figurines, mohair, purple cloth, marble, and ivory."

Finally, a real basket of goods basis for CPI calculations. -g-

Regards, Don