Re: shuttle disaster
On Sat, 2003-02-08 at 14:32, Geordie Birch wrote:
> said Ron Johnson (on 2003-02-08),
>
> > > you've listed. I can't just use the tokens anywhere; they are probably
> > > only redeemable at that particular arcade, though I might be able to
> > > sell them to another arcade-goer at par or at a discount.
>
> or you could control the supply by hoarding them and sell them at a
> premium. ;)
Well, that's where the "arcade tokens as money" analog breaks down,
in regard to inflation: the arcade can just make (well, buy) more
tokens, and will be none the worse for wear, but, of course, it doesn't
work the same way in the real economy.
--
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| Ron Johnson, Jr. Home: ron.l.johnson@cox.net |
| Jefferson, LA USA http://members.cox.net/ ron.l.johnson |
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| "For me and windows it became a matter of easy to start |
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| difficult to fix, compared to linux's large over head |
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| Rohan Nicholls , The Netherlands |
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