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Pastimes : I AM A MINDLESS ZOMBIE -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (4)	8/14/2002 2:30:27 AM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 258

Hi Jay, My goldfish can do the job at half the pay and none of the adulation, and it does not need a knighthood to feel like a man. You're really jealous about the knighthood thing, aren't you? <vbg> Speaking of your goldfish, what do they think about gold these days? Which do they prefer, paper gold (stock) or liquid gold (the actual metal)? KJC

To: TobagoJack who wrote (4)	8/14/2002 7:00:28 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 258

Jay, with all due respect to your goldfish, fish is NOT a suitable means of exchange and unless that fish is literally made of gold, it won't do as a store of value either [give it three days in a bank vault and see what I mean]. All Uncle Al, KBE, had to do was supply the inches at a constant length. He did that. Despite all the productivity changes, hedonistics, financial gyrations, oil production cuts and increases and Russian implosions, he managed to maintain inflation at near zero and profits to the Treasury in nice amounts. That's all he has to do. Keep the inches constant and return the profits to the government. He did it. The US$ standard is still King Kong and people still work almost the same number of hours to earn one of them. That's what is supposed to happen. It's no use having a variable measuring system which changes capriciously. What the lunatics do who use his inches is up to them. But if they pretend to themselves that their thingie is ten inches when it's really only two, that's not really Uncle Al's problem. They will be cruelly rejected by the marketplace if they can't measure accurately. If they think their shares are 10 feet long and they are really one two inches long, they are going to get an unpleasant surprise. Uncle Al can't control their ability to measure their thingies or their stocks. He just provides the inches. The rest is up to them. Mqurice

To: TobagoJack who wrote (4)	8/15/2002 6:44:20 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 258

Jay, I'm all for blaming authorities for things they do wrong. It's just that I haven't seen anything he's done wrong. It's all been very predictable and it's surprising that other people are surprised at what he's done. During the second half of Y2K, I thought he should have been dropping interest rates quickly since the deflating process had obviously started and it was a biggie to be deflated. I even started wondering whether it wasn't a ploy to make it less likely for the Democrats to get the Presidency again, by keeping interest rates high - lowering rates would have introduced a feel good factor and given how close the election was, perhaps return the incumbents [albeit one removed]. So yes, he didn't do things just as I would have done. But a few months delay won't have made a huge difference to the outcome - anyone could bet against him if they wanted to since he was delaying. Also, I thought Y2K would be a fizzer from the computer bug point of view and wouldn't have pumped up the currency in preparation, but again that wouldn't have made a big difference. It's funny that the true bug was the extra 00 people thought they had in their share balances rather than the 00 representing computer dates. Mqurice Mqurice

To: TobagoJack who wrote (4)	8/16/2002 10:00:20 PM
From: yard_man	Respond to of 258

I think your goldfish aren't up to the task. This is certainly a job for KOI -- they can sense trouble afar off or food. In the morning when I take the first step onto the kitchen floor they come up to the top outside in their pool ready to feed -- also, there are 40 of them that are full-grown and many babies -- they will not foul the pool for the next generation. They are wiser than your average central banker, too. They can coexist peacefully with the frogs and turtles that come their way as well. Oh, and they don't eat a thing in winter when the pond is frozen over.