What I'm curious about is, would a sin-tax on cigs have the same effect
as, say, high interest rates on the dollar? If it's harder to "borrow"
cigarettes because the borrowing cost is higher, does the value of a
purchased cig become higher due to its scarcity in the money system?
jonathan
On Thu, 14 Nov 2002, Michael Giesbrecht wrote:
> Has anybody studied how well cigarettes work as a monetary standard in US prisons?
>From what I've been led to believe, cigarettes are universally used to facilitate
>commerce in a prison economy. It seems like the cigarette is everything a good solid
>currency needs to be, at least within a prison's confines.
>
>
> Cheers,
> Michael Giesbrecht
> Internet Engineering
> Lucasfilm Ltd.
>
>
> I'm here for the beer. - (attributed to) John Locke
>
>
--
Jonathan Kalbfeld M268@>6]U('!L87D@=&AI<R!M ThoughtWave Technologies LLC
(v) +1 415 386 UNIX 97-S86=E(&)A8VMW87)D<RP@: UNIX, Networking, Programming
