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.

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

To: Maurice Winn who wrote (22)	8/15/2002 1:05:21 AM
From: Maurice Winn	Respond to of 258

Furthermore, I assert, with no evidence to back it, that Uncle Al is so amazing that he has managed to keep the US$ constant in average hourly rate for the 6 billion people currently alive [or however many were alive] over the last 5 years during the world's biggest bubble formation [or rise in stockmarket value if that's your preference]. That's how the US$ should be managed. Then there's no need to fiddle with cellphone or cyberphone hedonics, software value etc. Add up the world's hourly pay rates, convert them to US$ that day, divide by 6 billion or however many people there are and bingo, that's the value of a dollar. It should be about $1 if Uncle Al's doing his job properly. It's silly to try to keep the $ fixed against the price of a cyberphone, a Lexus, a carrot, a Big Mac and a pair of gumboots. Gumboot technology has gone ahead dramatically and Big Macs are now little. Mqurice PS: Uncle Al has achieved that goal inadvertently, because in a similar way to Efficient Market Theory, the many things he fiddles with to determine monetary nirvana add up to the hourly rate of the average person. In a similar way, the fan club members of q [in that publication Mucho linked], can make a lot of money by checking q, then buying or shorting the indices according to how far off the 100 year mean it is. That's if you trust their q theory - don't try this at home; your mileage may vary and it does NOT carry a double your money back guarantee.