Re: Future currency

From: Randall Randall (randall@randallsquared.com)
Date: Tue Jan 09 2007 - 09:23:18 MST


On Jan 8, 2007, at 8:02 PM, Russell Wallace wrote:

> On 1/9/07, Philip Goetz <philgoetz@gmail.com> wrote:
>
> What does "canonical" mean here?
>
> Having a single form so that you can be sure 100 units of X = 100
> units of X. (I don't know whether there's a standard term in
> economics for this, if there is please insert that instead.)

The term you're looking for is "fungible".

--
Randall Randall <randall@randallsquared.com>
"If you are trying to produce a commercial product in
  a timely and cost efficient way, it is not good to have
  somebody's PhD research on your critical path." -- Chip Morningstar


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