13 August 2013

Latitude-based currency valuation

[Jane] Clifton raises the spectre of a population imbalance towards Auckland resulting in myriad financial and social problems, whereas the solution is simple. Base the value of the dollar on latitude. Luckily, New Zealand is a long, skinny country running roughly north and south so we won't have longitudinal problems of any substance, but by making the dollar worth 100c in Bluff and, say, 65c in Auckland, all our problems should soon disappear.

- Russell Garbutt, Clyde, letter to the Listener, 10 August 2013

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