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re: The Time Table for the Dollar

Posted on 12/4/12 at 12:45 am to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/4/12 at 12:45 am to
quote:

I sense sarcasm.



Not really. You make some good points. You are describing a system which I did not consider an option. I think it has some inherent flaws which make it unsustainable, but in all fairness to you, you have similar legitimate concerns about the current system.

quote:

To clarify, I was thinking in terms of a global currency like bitcoin, which if it gained traction on a global scale would be immune to the impossibly trinity, don't you agree?


A global currency would inherently give up the sovereign monetary policy, unless there is a one world government. Agreed?
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