At 08:29 PM 11/18/01 -0800, CDR Anonymizer wrote: > -- >James A. Donald: >> > That is a really dumb idea. >> > >> > It took governments a generation and the vigorous and >> > frequent application of bayonets and batons to render their >> > money independent of precious metals. > >Anonymous: >> but why did governments engage in the vigorous and frequent >> application of bayonets and batons to render their money >> independent of precious metals? > >Because they could.
This goes beyond gratuitous demonstration of power and ability, there is an economic reason behind it all. What is / their / economic reason?