Hello! Consider the idea to increase the e-gold Exchange Rate to 2 percentage points ABOVE SPOT. These effects should be derived: 1) The price to purchase e-gold would fall about 2 percentage points with respect to the SPEND rate. This would effectively make e-gold CHEAPER for CONSUMERS who wish to purchase some item priced in a National Currency. 2) New gold coming into the system would basically be sold 'at cost', so Exchange Services would have to drop their OutExchange rates about 2% BELOW the e-gold SPEND rate to keep their profit margins up. If OutExchange rates would fall about 2 % below the SPEND rate, SELLERS would see this increase in their costs, but they have control over their prices and the costs of other payment services would still be higher and carry the risk of a charge back. 3) Those buying gold to hold as an asset would see the same spreads. 4) Those pricing their items in AUG could adjust their prices accordingly with no effective change. It seems that E-Gold EXCELS at providing a safe, secure, risk-free payment system, however it is cost-prohibitive for consumers -- but only by a small margin -- and as this past year has shown us, payment systems are consumer driven. Therefore a small drop in the price could make e-gold a more viable payment system for consumer merchandise. Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]