Wednesday, November 1, 2017

Fair prices

I like the one year treasury at 1.4.  The implicit is about 1.5 Folks can hold inflation adjusted treasuries.

I like bitcoin cash, the big block thing that spawned. I like it at $400.  It has a block chain structure that is different, more adept at small transactions?  It was the first spawn, and should find a niche.

I like a dollar and a quarter for regular eggs, a room and bath in Fresno for $400.

I like $200 for an outstanding intelligent cash card.

Think about it, why are we always surprised by positive news, white swans? Low price volatility, we love it, we have the time to adapt our preferences. Growth at 2%, not like the past, but has anyone noticed a recession lately? I got at least two recession calls wrong (but it's ok, I always bet against myself).

My problem is that we are implicitly planned out for long term deflation, and we are unaware.  If we could hold this spot, somehow, this is the time to slip in the new technology, be better able to deal with the unawareness.

* For conversion purposes, a $ means 1/20 of the median casual shoe in major metropolitan regions.

* I claim the cross hatch,#, for shoe coin. You just throw a # at the clerk and take your shoes.

* Cash exchange, each party has one step in their protocol.

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