Re: BUS: Re: DIS: Re: OFF: [CotC] CFJ 2254 assigned to OscarMeyr

2008-11-19 Thread Roger Hicks
On Wed, Nov 19, 2008 at 08:44, Elliott Hird <[EMAIL PROTECTED]> wrote: > On 19 Nov 2008, at 15:36, Roger Hicks wrote: > >> Just because the PBA has self-adjusting rates doesn't make them right. > > It makes them righter, in general, instead of arbitrarily set. > >> Take a look at my recent deposit

Re: BUS: Re: DIS: Re: OFF: [CotC] CFJ 2254 assigned to OscarMeyr

2008-11-19 Thread Elliott Hird
On 19 Nov 2008, at 16:06, Geoffrey Spear wrote: PBA's rate change algorithm isn't impartial, it's just an arbitrary way of adjusting. It seems unlikely to me that the objective value of a 0 crop decreases by 25% any time someone deposits one in one bank but doesn't change at all if they deposit

Re: BUS: Re: DIS: Re: OFF: [CotC] CFJ 2254 assigned to OscarMeyr

2008-11-19 Thread Geoffrey Spear
On Wed, Nov 19, 2008 at 10:44 AM, Elliott Hird <[EMAIL PROTECTED]> wrote: > It's not easy to determine what's a good or bad rate unless you have > something impartial monitoring their value somehow (PBA). PBA's rate change algorithm isn't impartial, it's just an arbitrary way of adjusting. It see

Re: BUS: Re: DIS: Re: OFF: [CotC] CFJ 2254 assigned to OscarMeyr

2008-11-19 Thread Elliott Hird
On 19 Nov 2008, at 15:36, Roger Hicks wrote: Just because the PBA has self-adjusting rates doesn't make them right. It makes them righter, in general, instead of arbitrarily set. Take a look at my recent deposit of PV, for an example. You misunderstand: the point is that the PBA is structu

Re: BUS: Re: DIS: Re: OFF: [CotC] CFJ 2254 assigned to OscarMeyr

2008-11-19 Thread Roger Hicks
On Tue, Nov 18, 2008 at 16:26, Elliott Hird <[EMAIL PROTECTED]> wrote: > On 18 Nov 2008, at 23:09, Geoffrey Spear wrote: > >> This would lead to deliberately driving down the rate to sell them >> cheaply first. > > On the other hand, the RBoA's rates are almost always wrong, it keeps > being scamme

Re: BUS: Re: DIS: Re: OFF: [CotC] CFJ 2254 assigned to OscarMeyr

2008-11-18 Thread Elliott Hird
On 18 Nov 2008, at 23:09, Geoffrey Spear wrote: This would lead to deliberately driving down the rate to sell them cheaply first. On the other hand, the RBoA's rates are almost always wrong, it keeps being scammed, etc. Lesser of two evils.

Re: BUS: Re: DIS: Re: OFF: [CotC] CFJ 2254 assigned to OscarMeyr

2008-11-18 Thread Geoffrey Spear
On Tue, Nov 18, 2008 at 4:32 PM, Elliott Hird <[EMAIL PROTECTED]> wrote: > On 18 Nov 2008, at 21:27, Geoffrey Spear wrote: > >> Gratuitous argument: it would be equitable to require the >> above-mentioned parties to purchase vote points from the other parties >> at the current RBoA rate. > > Argume