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: [EMAIL PROTECTED] | | Jefferson, LA USA http://members.cox.net/ ron.l.johnson | | | | "For me and windows it became a matter of easy to start | | with, and becoming increasingly difficult to be produc- | | tive as time went on, and if something went wrong very | | difficult to fix, compared to linux's large over head | | setting up and learning the system with ease of use and | | the increase in productivity becoming larger the longer I | | use the system." | | Rohan Nicholls , The Netherlands | +------------------------------------------------------------+ -- To UNSUBSCRIBE, email to [EMAIL PROTECTED] with a subject of "unsubscribe". Trouble? Contact [EMAIL PROTECTED]