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When I first visited Japan in 1989 the exchange rate was about ¥140 to the
dollar. I can't understand all of tonight's wailing in the business and
economic media about the "Slide of the Yen". It's almost back to the rate
it was in 1990 - well, great! More is better <1>.
This ¥100 to the dollar stuff has been painful... such thoughts always lead back to my
Big Simplistic Question from after first seeing "Network" in 1977:
Who sets international exchange rates?
Or to be more precise, who tells the banks and the exchange bureaux which
numbers to use, how much to change the rate by? The IMF? Who are they, and
who appoints them?
More Words About Truman:
Feed just published a good article
concerning its relevance with Philip K. Dick, and Ken Sane had a great letter in
Salon today. Turns out he's got a whole
web page
devoted to the film, which is just one component of
a fascinating site. Here's an introductory quote from it:
As audiences enjoy the new movie, "The Truman Show", many are
impressed by what seems to be its striking originality. But the truth is,
"The Truman Show" is repeating a story that dozens of other works of
popular fiction have used for decades. It is a story that reveals an
essential truth about what is happening to society in the 20th Century.
I added a chunk of his Salon letter to my own Truman
clippings page.
Replaced my busted rear spoke; fortunately I didn't have to remove the
tire. (But yes, the gear cluster had to come off, with a mighty grunt.)
Two spare spokes left!
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