I remember awhile back you guys said you were aiming for the L to be priced at 250L per $1 USD. You guys have taken away a few sources, but have since added a new one with your recent announcement about you guys being able to sell L directly on the lindex. But those steps weren't drastic enough as the L continues to lose its value.
So I was wondering if you guys still plan on achieving the 250L per USD in the mid to long term(6-12months) or have you guys set a new target value? Or possilby allowing the L to fall a certain amount each month? Or do nothing and just allow the market to decide the value? I would like to know since I set my return on my mid to long term investments at around the 250 mark since that is what you guys had oringally set as the target value that you would achieve.
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Monetary Policy |
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JIMBO Juergens
Registered User
Join date: 10 Jul 2005
Posts: 33
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05-11-2006 17:58
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Torley Linden
Enlightenment!
Join date: 15 Sep 2004
Posts: 16,530
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05-12-2006 17:43
HELLO JIMBO, Philip Linden addressed this not too long ago:
/139/e1/94866/1.html#post965463 The strategy stated there is still relevant today. Also, on a related concern, Robin Linden has replied here: /139/aa/106140/1.html _____________________
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