Bernard Lietaer - 11/30/09 [Archive]

BillBoard

7th August 2010, 04:59 AM

What a fancy way of saying what we all have been preaching for a long time, competition in currencies; Ron Paul even introduced a bill to that effect.

JCarvingBlock while at the old GOLDISMONEY.INFO site introduced the concept that Gold or anything that would serve as insurance could back up currencies.

I even revealed here at GSUS that the secret in having competing currencies is to have an agreed and trusted accountant and record keeper.

Thanks for the post, although I didn't like his academic or pedagogical method of presentation.

BB