Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
CT RESEARCH #1
>
Reply to Thread
Message:
<p>[QUOTE="Scuba4fun777, post: 3039418, member: 75199"]Mike,</p><p>When I read the first few sentences of your initial post, Facebook came to mind. Then I kept reading the disclaimers in your 1st post and it seemed more like Facebook within the last week.</p><p>After reading thru your follow-up responses, you sound a lot less like Facebook and lot more like just a guy with a strong passion for statistical analysis.</p><p><br /></p><p>I’ll be curious to see your results and conclusions. And please don’t take my comments as sarcasm. I am genuinely interested.</p><p><br /></p><p>With that said, I’d also say that numismatics’ influence on Financial Systems is somewhere between very minor and no effect whatsoever. However, I’ll also add that it’s moving even further towards ‘no effect’, for at least 2 reasons. 1) The next time you visit a coin show, take a look at the demographics. You’ll likely find the average attendee to be in HIS (not hers) late 50’s or early 60’s. I believe a generation on a timeline is considered to be about 20 years, so (again - on average) we’re missing a strong representation from almost 2 entire generations from our hobby.</p><p>2) Our ‘financial systems’ today are almost entirely influenced by notes, bonds, derivatives, contracts and other similar “promise to pay” instruments - as opposed to trading actual physical, ‘hard’ assets. Just about every numismatic transaction today is based on the latter, so by definition, numismatics will be less influential on financial systems as a whole, than say it might have been 40 years (2 generations?!?) ago.[/QUOTE]</p><p><br /></p>
[QUOTE="Scuba4fun777, post: 3039418, member: 75199"]Mike, When I read the first few sentences of your initial post, Facebook came to mind. Then I kept reading the disclaimers in your 1st post and it seemed more like Facebook within the last week. After reading thru your follow-up responses, you sound a lot less like Facebook and lot more like just a guy with a strong passion for statistical analysis. I’ll be curious to see your results and conclusions. And please don’t take my comments as sarcasm. I am genuinely interested. With that said, I’d also say that numismatics’ influence on Financial Systems is somewhere between very minor and no effect whatsoever. However, I’ll also add that it’s moving even further towards ‘no effect’, for at least 2 reasons. 1) The next time you visit a coin show, take a look at the demographics. You’ll likely find the average attendee to be in HIS (not hers) late 50’s or early 60’s. I believe a generation on a timeline is considered to be about 20 years, so (again - on average) we’re missing a strong representation from almost 2 entire generations from our hobby. 2) Our ‘financial systems’ today are almost entirely influenced by notes, bonds, derivatives, contracts and other similar “promise to pay” instruments - as opposed to trading actual physical, ‘hard’ assets. Just about every numismatic transaction today is based on the latter, so by definition, numismatics will be less influential on financial systems as a whole, than say it might have been 40 years (2 generations?!?) ago.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
CT RESEARCH #1
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...