 |
An Access Database is available on demand.
The User Requirements have been drafted from a brief review of the press and TV.
After a little thought it became obvious that what I needed was a Data Mart approach.
Please
email me if you have any comments.
Giles, from Vanderbilt U, made these interesting comments on April 8th. :-
I really liked your site and was intrigued by your data model on the Global Credit Crunch.
It misses the most obvious phenomena: monetary entanglement which is an analog of the
Einstein-Podolsky-Rosen effect in quantum field theory ie instantaneous action at a distance.
When the Central Bank creates money, call it counterfeiting, call it liquidity injection whatever
moniker assuages guilt it is nonetheless a monotonically decreasing function of value.
The miracle is that when the Bank prints/creates/injects one it takes a little nip out of every
other one in existence from everyone�s pocket around the world.
The perfect scam!
The problem is the money is doled out to the connected who always mal-invest it, thus distorting
the market from where it would otherwise go.
You could just add a real number field call it �nippage� and it will be a
probablilty of value so it will range from 1 at the start and move asymptotically to zero,
just the constant 1 divided by an identity integer times 1 minus an infinitesimal unit of
time where the nippage is applied for every unit of �injection� to every unit of value in the db.
Call it Austrian Economy of Value in honor of Ludwig Von Mises.
Over the long run it will be a much better econometric tool than others."
Barry Williams
April 8th. 2009
Database Answers.org
London, England
|
|
