On Sat, Nov 22, 2008 at 7:45 PM, Elliott Hird
<[EMAIL PROTECTED]> wrote:
> On 23/11/2008, Charles Reiss <[EMAIL PROTECTED]> wrote:
>> I intend, with the support of the people, to amend the PBA by
>> replacing section 17 with:
>> {{
>> 17. Every midnight (UTC) that the PBA had zero of a given Eligible
>> Currency for the
>> prior 24 hours, that currency's exchange rate goes up by 2. Every Monday
>> midnight (UTC) that the PBA had a non-zero amount of a given Eligible
>> Currency for
>> the prior 24 hours, that currency's exchange rate goes down by 2.
>> }}
>>
>> -woggle
>>
>
> Very support. These rate rises ARE NOT inherent in the model
> regardless of what some say.Surely the bank will adapt as others make deposits to bring the rates back in line? -root
