On Sat, Nov 22, 2008 at 7:47 PM, Ian Kelly <[EMAIL PROTECTED]> wrote:
> 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?In fact, it could be argued that I've helped the bank by making room for additional deposits. -root
