Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: TobagoJack who wrote (19049)	5/18/2002 7:28:52 AM
From: Ilaine	Read Replies (2) \| Respond to of 74559

carnage . , , , tsunami . . . . storm . . . . When the USD breaks, snaps, crumbles, or otherwise violently diverges from norm, as opposed to gently settles to another exchange rate Well, now I understand why you use such violent metaphors. Life in a pegged exchange rate system is like that. As is typical with people who get religion, all has become clearer to me. I once was lost but now am found. I have been lecturing everybody on the gospel according to Mundell-Fleming, and you give me such wonderful examples. members.cox.net Life in a floating exchange system is so much more pleasant. One simply . . . . floats . . . . in the ocean, as the tsunami passes underneath. By the way, I think I have posted before that sometimes ships are lost at sea after being swamped by gigantic waves that come out of nowhere, so sometimes the tsunami doesn't pass underneath, but usually they do. I am working on a way to demonstrate the Hume price-specie flow model to explain why boom and bust are inevitable in a capitalist economy. Not done with it, I think next week. And the great lesson of the 20th century is that command economies don't work. So now we get to find out whether mixed economies really can dampen the oscillations to diminish the loss of equilibrium. I would not count on that 7.8 peg holding. Can you short the HK dollar?

To: TobagoJack who wrote (19049)	6/7/2002 10:43:35 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Maurice, you are acting up again ... <<400 floors of building and 3000 people killed is not even noticeable on the global economic scale. It's lower than trivial ... wars are economically productive ... identification of people becomes more sophisticated ... computers monitor irises, facial features and voice wave forms and are linked to government databases>> ... and I see we have so much to look forward to, from folks wanting to make a bigger economic impact from their next effort, and other folks wanting to protect us from same. Easy for you to say sitting in New Zealand, and if you are right, I will say the same easy awfulness without dwelling on the conceptual backing and asking the metaphysical why, while squatting on Tobago. Chugs, Jay