Dog Beach

Sunday, overcast, parrots piping, Sydney, Australia

You wouldn’t think that a bright red head would be camouflage for a bird in the bush (or two birds in a bush; obviously it didn’t help the one in the hand) but King Parrots blend wonderfully. They just look like that occasional red leaf. Apparently the red in the odd red leaf comes from a special form of chlorophyll that plants make when stressed, and it has some purpose, or so the parents of a girl studying it in New Zealand told me about 8 years ago, so I could have it all wrong. But it does make you wonder what pressures a stressed leaf finds itself under.

Of course, there’s stress around at the moment with the current financial crisis. I’ve been thinking about that.
The way I see it, money has value because we decide it has value. Oh no, somebody will always say, it represents gold locked away somewhere. Sure, but gold has value because we decide it has value. I mean, what good is it doing sitting locked away somewhere? Our most valuable stuff is hidden away in vaults so you can’t even use it as a paperweight.
Shares have value because we want them, or we don’t want them, or may or may not want them at some time in the future. Again, the value is totally man-made, and is based on us wanting stuff or thinking we may want stuff. We name this game “market forces” and “supply and demand” so that we’re convinced it’s a law of nature, but isn’t this sounding a bit nutty?
Speaking of which, now the government (OK, I can’t remember which one but stay with me for a minute) is worried that people will be putting the financial support it is handing out in this time of crisis into savings and paying off mortgages and record debt instead of spending it in retail outlets so they don’t have it any more...

Anyway...if stuff has value because we think it has and has lost value because we think it has, why don’t we just all get together and think that it’s worth whatever it takes so the crisis is over? Done. Fixed.

I guess one good thing, though, is that if values get low enough, gold can finally start earning its keep as paperweights.

I took my dog to the dog beach. It’s a great place; dogs never fight because they all know the rules of doggy etiquette.

Along the way there, it’s that time of year when the quite busy road to the ocean is fringed with dazzling yellow daisies. I believe that they’re capeweed, and come originally from South Africa and are dangerous to cattle. See how a little education can ruin perfectly good daisies? Besides which, if I were a cow, I think it would be smart to be more worried about the cars.