To: <deleuze-guattari-driftline.org-AT-lists.driftline.org> Subject: RE: [D-G] greshems's law Date: Fri, 7 Jan 2005 13:06:02 -0500 oh boy, yeah. jus' big- old cyril sneers hanging out abt 200 yards from shore and then further on they go surfing off to the left away from them damn cold water. a volleyball tournament there in the summer cannon beach is right around the corner i remember that they sell bugles you couldn't buy those in vancouver and i was infinitely pleased when the price on the box was the same price as the one at the till oregon rocks !!! see i think canada is the state of becoming-a-trigonometer. you always compute 7% of 7% tax... that and we play hockey on a smooth white surface which gets striated by parallel skates that chase a little black hole you can't touch except with your hand-extender-stick, which also helps out with...trigonometry. (massumi is wrong about soccer, that game is not abt. simulacrums, its all face to face and no interpretation). the problem is that canada is always doing this equation and it means that we think all limits are thresholds, things to commune over. (sometimes a haystack is just a haystack). what's up with old-stuff? are deleuzians feeling their mortalities? i know i am chris -----Original Message----- From: deleuze-guattari-driftline.org-bounces-AT-lists.driftline.org [mailto:deleuze-guattari-driftline.org-bounces-AT-lists.driftline.org]On Behalf Of Sylvie Ruelle Sent: Friday, January 07, 2005 12:42 PM To: deleuze-guattari-driftline.org-AT-lists.driftline.org Subject: Re: [D-G] greshems's law the haystacks that look like teeth? On Jan 7, 2005, at 8:45 AM, Chapman wrote: > Harald Wenk, > > Have you read Major Douglas on Credit? Same commotion but he's got it > wired so that we don't think abt convertability in terms of grains, > grass and minerals but in terms of transaction or consumption value. > Money is acknowledged to be a form of credit, 'production of > consumption.' The more it's used, the more value it accrues - nifty > non? (bow and le-hold 'homus schizophrobeniuus is every name in > history...') > > Sylvie, I understand your focus on raised northern chins. I was > thinking that maybe the Bergsonism book would be useful. I can't read > more than about thirty pages myself, but I think the big ideas about > time and the experience of it are fronted for us in that work. Have > you been to Longbeach, Or. , seen the haystacks? > > There's no state tax in Oregon. > > Chris Chapman > > -----Original Message----- > From: deleuze-guattari-driftline.org-bounces-AT-lists.driftline.org > [mailto:deleuze-guattari-driftline.org-bounces-AT-lists.driftline.org]On > Behalf Of Dr. Harald Wenk > Sent: Friday, January 07, 2005 11:23 AM > To: deleuze-guattari-driftline.org-AT-lists.driftline.org > Subject: [D-G] greshems's law > > > > > ------- Weitergeleitete Nachricht ------- > Von: "Dr. Harald Wenk" <hwenk-AT-web.de> > An: "Sylvie Ruelle" <sylvieruelle-AT-earthlink.net> > Betreff: Re:Datum: Fri, 07 Jan 2005 16:28:23 +0200 > > Hello, > > "Gresham's Law: > > observation in economics that “bad money drives out good.” More > exactly, > if coins containing metal of different value have the same value as > legal > tender, the coins composed of the cheaper metal will be used for > payment, > while those made of more expensive metal will be hoarded or exported > and > thus tend to disappear from circulation. Sir Thomas Gresham, financial > agent of Queen Elizabeth I, was not the first to recognize this > monetary > principle, but his elucidation of it in 1558 prompted the economist > H.D. > Macleod to suggest the term Gresham's law in the 19th century. > > Money functions in ways other than as a domestic medium of exchange; it > also may be used for foreign exchange, as a commodity, or as a store of > value. If a particular kind of money is worth more in one of these > other > functions, it willbe used in foreign exchange or will be hoarded rather > than used for domestic transactions. For example, during the period > from > 1792 to 1834 the United States maintained an exchange ratio between > silver > and gold of 15:1, while ratios in Europe ranged from 15.5:1 to 16.06:1. > This made it profitable for owners of gold to sell their gold in the > European market and take their silver to the United States mint. The > effect was that gold was withdrawn from domestic American circulation; > the > “inferior” money had driven it out." > > In my eyes it is realted to simulacras. > If it is not helpfull for you, forget about it. > > > Greetings > > Harald Wenk > > > > > > > > Am Thu, 6 Jan 2005 19:22:49 -0800 schrieb Sylvie Ruelle > <sylvieruelle-AT-earthlink.net>: > >> no. what is it? >> >> On Jan 6, 2005, at 4:31 PM, Harald Wenk wrote: >> >>> Hello, >>> >>> Do you know Gresham's Law? >>> >>> Harald Wenk >>> >>> -- Erstellt mit Operas revolutionärem E-Mail-Modul: >>> http://www.opera.com/m2/ >>> >>> >> Ms. Sylvie Ruelle >> http://home.earthlink.net/~sylvieruelle >> rw_artette_lc-AT-yahoo.com >> >> > > > > -- > Erstellt mit Operas revolutionärem E-Mail-Modul: > http://www.opera.com/m2/ > > _______________________________________________ > List address: deleuze-guattari-AT-driftline.org > Admin interface: > http://lists.driftline.org/listinfo.cgi/deleuze-guattari-driftline.org > > > _______________________________________________ > List address: deleuze-guattari-AT-driftline.org > Admin interface: > http://lists.driftline.org/listinfo.cgi/deleuze-guattari-driftline.org > > Ms. Sylvie Ruelle http://home.earthlink.net/~sylvieruelle rw_artette_lc-AT-yahoo.com _______________________________________________ List address: deleuze-guattari-AT-driftline.org Admin interface: http://lists.driftline.org/listinfo.cgi/deleuze-guattari-driftline.org _______________________________________________ List address: deleuze-guattari-AT-driftline.org Admin interface: http://lists.driftline.org/listinfo.cgi/deleuze-guattari-driftline.org
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