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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (28303)	1/31/2003 10:12:07 PM
From: Stock Farmer	Read Replies (2) \| Respond to of 74559

if the shareholders [being those holding Q at any particular instant] were to issue themselves or employees swarms of Q, they would move the value away from 1 median human hour, confidence in the currency would collapse and it would be Game Over in a very, very short space of time. It would be instant suicide of all holders of Q, including those who issued stock [Q] to themselves. Yes. I guess you noticed what happened to tech stocks, eh? LOL 1 Q = 1 median human hour. Interesting concept. No sense being a shareholder then. Since we all have precisely the same number of the darn things in a given day. Of course, if you mean 1/24'th of the median productivity which occurs in the days we all have, that's another matter. Perhaps we would measure it by the number of CDMA phragmenting devices shipped per hour? Noodling on that for a moment... er...hmmm.... mmm... would that not render the value of the enterprise as constant? Intriguing. If however you mean the median number of human-hours (#humans toiling x #hours toiled), then inflation ends up as a consequence of productivity again (by which I mean reproductivity). Which would certainly incent some of the more enjoyable activities. And most of the planet's adolescent youth would suddenly find themselves participating in practice for fundamental economic activity, instead of wasting their time not-studying. Also interesting. In the end, perhaps you would be surrendering one aztec relic (gold) for another (the sundial)? Plus ca change, plus c'est la meme chose (accents omitted). Sincerely, John