International Currency Discussion, Casey Serin Edition

Jamba Juice is a iamfacingforeclosure unit of currency. 1jj equals one rasberry banana with wheat germ shot beverage purchased at full retail on credit including transaction fees. While a prudent investor would save store coupons and wait for "free shots" specialsthat isn't 1jj. You see inplicit with 1jj are the assumptions that anything below a certain financial threshold aren't worth expending any intellectual capital upon. Better to consume, indulge, spend, and otherwise pamper oneself rather than sweat the small stuff. The actual convertibilty of 1jj to dollars, even our weakening pesobucks is subject to much debate. In this Casey is like his own country. Subject to GAAP 1jj would be about $80 because of the list price, the overdraft penalties, subsequent carrying charges, paperwork, time lost in the consumption and subsequent time lost dealing with the consequences and most important; opportunity costs. Opportunity costs is often misunderstood and is certainly something Casey never heard of before attending some advanced courses. In those course they teach you that opportunity is knocking and you cannot afford to not answer the door. This even works in a rapidly rising market. But as readers suspect by now in a rapidly declining market worse than the opposite is true. Casey has a burn rate. By investing what will eventually total hours to his 1jj indulgence he has foregone the opportunity to stop or at least slow the bleeding.