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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.

-- 
+------------------------------------------------------------+
| Ron Johnson, Jr.     Home: ron.l.johnson@cox.net           |
| Jefferson, LA  USA   http://members.cox.net/ ron.l.johnson |
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|   Rohan Nicholls , The Netherlands                         |
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