Re: DIS: Re: BUS: Proto: Prices track income

2007-12-22 Thread Zefram
Ed Murphy wrote: >When was this? Were the amounts larger? 1996-1997. Marks were the basic currency, and they'd inflated such that the fixed awards and penalties were pretty insignificant. The Mil was then defined as 1/1000 of all the Marks in circulation at the beginning of the present month (th

Re: DIS: Re: BUS: Proto: Prices track income

2007-12-22 Thread Ed Murphy
Zefram wrote: Ed Murphy wrote: [Rather than limit the minting of currency, simply devalue it. This is both simpler and more realistic.] Been done before, and it was horrendous. Making currency units decay (as we now have them do) involves a lot less paperwork. When was this? Were the amo

DIS: Re: BUS: Proto: Prices track income

2007-12-22 Thread Zefram
Ed Murphy wrote: >[Rather than limit the minting of currency, simply devalue it. This >is both simpler and more realistic.] Been done before, and it was horrendous. Making currency units decay (as we now have them do) involves a lot less paperwork. -zefram