QUOTE (Sanders @ Jun 13 2009, 03:49 PM)
I agree with you on Amero (other thread), i think its toast.
As i was driving into the city today, past all the horse farms with their pretty white fences, down to the brick and mortar of the cityscape, and 50,000 dollar autos passing me left and right and center, Airbuses and Boeing stacking in approach landing over head i tried to imagine it all on a gold standard.
There is something too fascinating about money as an idea. But then gold is just an idea too; mind you a much more beautiful one. Debit is the ultimate form of trade carry. We need computers to handle the global monetary system, there is no doubt either. The question is, who controls the funny money, and why. The how, we already see and experience.
BTW, the ACH clearing house is going G20 (now G4). Its happening fast.