Re: Keynesian Christmas!-- and the collapsiing international

[Juan Jose Barrios <jota@xxxxxxxxxxxxxx>]

no, no and no....

Leonardo Vera wrote:

> Kazuhiro;
>
> The success of this new currency wil depend very much on its properties or
> attributes. Does this new currency accomplish the medium of exchange and
> store of value functions? are there well-organized, continuous spot markets
> for those government bonds, (even against other currencies)? Is the
> expected depretiation of that currency equal to zero? These are Davidsonian
> questions.
>
> If our answers to those questions are negative, then I do not see any
> promising future for the "Argentino".
>
> So, to me it is clear that there is much to be done yet
>
> Leonardo.
>
> At 04:46 p.m. 27/12/01 +0900, you wrote:
> >According to FT, Argentina decided to introduce "third currency" called
> the argentino. This is the denomination, except
> >the point that its currency"will circulate alongside the peso and the US
> dollar". I'd like to ask you how large effect
> >the introduction of new currency has on getting the economy out of its
> economic crisis.
> >
> > **************************************
> >  Kazuhiro Kurose
> >  Graduate School of Economics and Business
> >  Administration, Hokkaido University
> >  Kita 9 Nishi 7, Kita-Ku, Sapporo, Japan
> >  060-0809
> >    TEL: +81-11-716-2111 ex:2786
> > **************************************
> >
> >
> >
>
> _____________________________
> Leonardo  Vera
> Universidad Central de Venezuela
> FACES, Escuela de Economía
> Caracas, 1050
> Venezuela.