Why would it matter?
Smth tells me that the last thing you're gonna have to worry about where spreads and volatilty are concerned is the effects of volume.
I'm not interested in discussing that, particularly with you. I started this thread because I'm interested in how a new Deutsche Mark would rank in volume. Apparently you don't know.
Well neither do you. But where you and MH diverge is that he is not a w-anker.
Erm, indeed, you're right, I don't know... But, and be sure to gird your loins, 'cause this might be a shock, neither does anyone else. Moreover, the relevant question that you neglect to answer is volume during what period. If DEM is reintroduced, there will be a lot of activity initially, as many contracts need to be renegotiated into DEM and the world central banks need to deal with the various ramifications. That means that DEM might very well be, for a short while, the highest volume currency there is in the whole wide world. Once that period is over, the volume will probably settle to a multiple of the volume of trade between Germany and the rest of the world. You can easily estimate the multiple by looking at similar numbers for the EU (I get arnd 0.2). Once you have this, it's a trivial task to estimate the relative volumes of DEM.
Don't be such a mincer. It gets rid of the deadwood. The people that can't even get a job in a call centre get conscripted, killed, and the government doesn’t have to pay any benefits. Win-Win.
