ironphoenix: (I love my work)
ironphoenix ([personal profile] ironphoenix) wrote2008-09-25 05:39 pm
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Imaginary money

Complex numbers have a real and an imaginary part. Complex finance leads to people having real and imaginary dollars, and as [livejournal.com profile] metahacker eloquently expresses it, the imaginary dollars are a con game which is running out.

[identity profile] ironphoenix.livejournal.com 2008-09-26 07:07 pm (UTC)(link)
Yes, that the agreement on value was founded on false pretenses (and therefore fell apart when reality asserted itself) is indeed a crucial distinction there.