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Thursday, November 22, 2007

"The foot is down against the metre again today"

I rarely just link to things, but this column, “An Engineer Measures the Falling Dollar”, is absolutely brilliant, especially because it looks beyond the need for stable monetary metrology isolated from political manipulation, to the importance of making sure the feedback loops are wired up correctly, something I've expounded upon at some length in an entirely different context.

Posted at November 22, 2007 00:17