Wonko on 8 Oct 2002 23:55:02 -0000


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[spoon-discuss] Whoops


Quoth Wonko,

> If y'all haven't been convinced to deactivate the Stock Market, this should
> do the trick...
> 
> 
> I Go Public, issuing 11 shares of Stock in myself, none of which are
> available for purchase.
> 
> I give one Share to the Bank.
> 
> I borrow 6 points from Luigi.
> 
> Here's what happens:
> 
> Because I have outstanding shares, and I just gained six points, 2 BNS is
> transferred from me to my Dividend Fund.
> 
> Because the amount in my Dividend Fund is more than 1/10 of the number of
> shares I own, 1 BNS is paid to me for every 10 shares I control.
> 
> Because rule 946 fails to mention where these BNS are paid to me from, and
> r21 states that if rule states BNS is paid to someone without specifying the
> source, it comes from the bank, the 1 BNS I am paid is given to me by the
> Bank.
> 
> Because my Dividend Fund STILL contains more BNS than 1/10 of the number of
> shares I own, another BNS comes from the Bank to me.
> 
> I think you can see what happens next... Don't y'all wish you'd voted for my
> "Screwed Economy" T-Shirts?

In the first lengthy paragraph, that should say, "2 BNS *are* transferred"

-- 
Wonko

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