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In these turbulent times, stock markets need a calming influence. I propose a stock market where one can trade in things that are guaranteed to stay the same, eg pi, the speed of light in vacuum, the number 16 and so forth.
The level graphs, constant figures and reassuring statements in the financial
press ("and pi is continuing a 14 billion year period at a rate of 3.14....") would help to reassure investors in other markets that do not have the backing of the whole universe.
the only constant is change
http://www.scienced...10/991005114024.htm
[afinehowdoyoudo, Nov 04 2008]
(?) legislating pi
http://www.american...taylor-record.shtml
[afinehowdoyoudo, Nov 04 2008]
[link]
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It's possible that there are a couple of things about 'trading' that you haven't quite grasped... |
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I hope transaction costs will be kept to e^i(pi). |
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I don't think it would work. Speculators would bet on values of the undetermined digits. |
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Then when the economy gets really bad, the government will attempt to bail out the system by legislating a change in the value of pi. |
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The problem is even if the investment remains the same the
value of the money goes up and down. |
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Is now the time to buy pi? Wouldn't want to get in too early. |
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Buy pi, they're not making it any more. |
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if you could find a good or material whose value cannot be speculated against, you may have a start to your system. is there such a thing? |
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