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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (18826)	8/21/2006 3:48:01 AM
From: E. Charters	Respond to of 78417

First of all, let's agree on the obvious fact that we will never agree on anything if we both live to be say, 1000 martian years of age. Then I think we can move on to the obvious point that I am generally right, and you are generally wrong. No offense, and I am sure non taken. Most people inherently believe they could be more often wrong than right, especially where the issue is more complex than say choosing socks in the morning.. And further, when in an argument with a persistent arrogant know it all, it is better to accede to the possible errant position to save time and head off nervous exhaustion. You can always privately think you could be right, and you will anyway. If I were able to convince you of anything, I would be very disappointed in your intellectual capability, and a little scared too. I however would feel very relieved and delighted if you or anyone else were able to convince myself of a particular outlook. So let me demolish your convenient straw man to dusty little bits with a grandileloquent flourish. While it is true that calculative bits may be done at any time by a binary, decimal or mil bittie bits to finely refine the itty and the bitty or percentile of the many transactions, and it is true that given the final trans, the matter of the mere nickel or dime is justifiably small change, there is one escaping rub that occurs to me. A small store sells stuff one at a time. @ 1.01 a crack. They get 1.05, as that is the smallest next increment in change, and announce to the tax department, their supplier, accountant, and partner that they made Y X 1.01 in receipts. And they stuff the 4 cents times one million items in their long johns. Ok that takes a little sleight of hand, but who is to say what the product did actually sell for? Nobody believes that dual-tape hooey. -and- The tax is 1.07 on provincial, and 1.08 above that on federal bringing it to 1.167 they have to charge. How do they do that? They must charge 1.20 and who gets the 3.28 cents extree? The government, the store, the customer?... guess... Times one million tiems it is a cool, 32840 dollars. If the guvmint gets that, it ain't fair and not written anyway as the tax is charged on the final price, but the pre tax price. Your serve. You can't give the money to the guvmint, and you can't give it to the store owner, and it is too small to remit to the customer, as it is way too small for your 5 cent system. It raises the cost of small items often, by a bit. It adds up. If the cents go the other way, the merchant is losing to tax, and he won't do that once, let alone 50% of the time he is persuaded to do. It is a given that cost prices will never be even, as they are based on volume etc... and the markups will always be on a per cent basis, so the markup on small items will always go the higher nickel, trust us on that one, and the charge up when tax is factored will always be high side, with the money going in the merchant's pocket. What will work is if we reprice the entire market in one day. Divide it by five. Leave all the money in place, but it is worth five times less. Problem solved. A five is now a one. Pennies are phased out, and nickels get a new face with "one cent on it." The paper can be restamped, and the coin can be divided by five for transactions. Proffer a 2 dollar coin and it is entered as 40 cents, etc... pennies, now worth a 1/5 of a cent, would be disappear quickly....