On Wed, Oct 22, 2008 at 12:49 PM, Alex Smith <[EMAIL PROTECTED]> wrote:
> The PBA doesn't mind that, though. What you're doing is more or less
> equivalent to the RBoA buying the PBA's assets itself; that just puts
> the exchange rates up a bit, so depositing into the PBA is more
> attractive. The PBA is really designed to depend on it having 0 of a
> currency that is underpriced.

Doesn't matter.  The RBoA has a surplus of coins.  Might as well put
them to use, and if that temporarily reduces the available PBA assets
as a side-effect, all the better.

-root

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