Putin urges more diversification in currency reserves, I believe the answer is a single international currency, with a central reserve bank and regional reserve banks responsible for distributing currency locally. I’d expect this would get rid of speculative currency markets and reduce the chance of local financial problems causing international instability when currency is brought back into ’safer’ markets.
Speculative bubbles should be avoided as much as possible – in all markets, either through increasing capital gains tax on amounts exceeding 10% growth per annum or through regulating the cost of shares and other tradable products; such that the cost is actually representative of real value.
As for my 2009 resolutions:
- I had a V on friday night last week – to give me a boost before drinking with friends after work. Purchased from New World supermarket for $1.80. Talking about fuel espresso – I will go and get one now!
- Exercise is going reasonably well, and my girlfriend and I have taken to playing hacky sack (footbag) on warm evenings in the park… It is actually more intense than I expected and helps us spend more time outside.
- Watched Yes Man the other night, I am trying to provide more yes responses. It is time to say yes to a coffee.
Decided that I should blog these independently of local business plugs. Also these are a count down to relocation in London, as such week 3 is really 8 weeks to go.
