Subject:
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Re: All The Money In The World
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Newsgroups:
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lugnet.off-topic.fun
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Date:
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Thu, 21 Dec 2000 17:07:16 GMT
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Viewed:
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161 times
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In lugnet.off-topic.fun, Dave Schuler writes:
> In lugnet.off-topic.fun, Jude Beaudin writes:
>
> > Assuming your money is part of the total $1000 the economy never
> > would increase because you give $10.50 to the post office. The post
> > office increases it's portion of the $1000 dollars by $10.50 at the
> > same time you lose $10.50 of your portion.
> Does that include the time between the purchase of the money order and
> its cashing? During that time it seems that there is $10 more in
> circulation--not actual, minted coinage, but legal tender nonetheless.
Sure - The money is just changing forms. Think of it as making change.
SRC
Who is attempting to make a living doing basically that. :-)
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Message is in Reply To:
 | | Re: All The Money In The World
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| (...) Does that include the time between the purchase of the money order and its cashing? During that time it seems that there is $10 more in circulation--not actual, minted coinage, but legal tender nonetheless. Dave! Still talking to himself. (24 years ago, 21-Dec-00, to lugnet.off-topic.fun)
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