[lojban] Lojban Kids Show - economy

[Ross Ogilvie <oges007@gmail.com>]

Coins sounds good and all, but my first thought was "they live on a
space station, wouldn't their finances be done with some system of
electronic funds transfer?"

On the actual question posed, the metals in the coins needs to be
cheaper than the value of the coin to avoid people melting them down.
If the coins are to represent small amounts like on earth then
palladium is probably out. At current prices 5.6 grams of palladium
(the mass of a US quarter) is about US$90. Including a small amount in
an alloy coin might still be possible though.

Ross

On Monday, August 30, 2010, Pierre Abbat <phma@phma.optus.nu> wrote:
> I'm going to write a page about the economy. I've been thinking about coins,
> and about making them of copper, titanium, silver, gold, and palladium. The
> first four, I think, would have prices in about the same ratio as on Earth,
> but with palladium I'm not sure how to compute. Palladium absorbs hydrogen,
> which makes it highly desireable in Lobgugde, where the primary fuel is
> hydrogen. So I thought it would be way more expensive up there than here. But
> I looked it up; it's used primarily for catalytic converters, which wouldn't
> be used in Lobgugde because there's no petroleum up there. So would it make
> sense to make coins of palladium, or would it all be used in hydrogen stores?
>
> Pierre
> --
> I believe in Yellow when I'm in Sweden and in Black when I'm in Wales.
>
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