Thus said Levi Pearson on Sat, 18 Jan 2014 14:46:55 -0700: > Could it be that government coercion is not the only possible reason > why we don't have a bunch of competing currencies in our markets > today?
As long as we have a banking cartel, how can we know the answer to this question except through theoretical discussions? You ask for fact. Does there exist (or has there existed) a lawful and civilized society in which there is no banking cartel with which to compare? Is not your very resistence to the idea of alternative monies instructive in how competition in the production of money would work? Is this not the very kind of resistence that any newly introduced monies would face once a market had already selected a suitable money (or monies) for use in the economy? Have you ever tried to introduce a new money? Or asked anyone the question, ``If I made Levi Dollars would you accept them?'' Andy -- TAI64 timestamp: 4000000052dafe44 /* PLUG: http://plug.org, #utah on irc.freenode.net Unsubscribe: http://plug.org/mailman/options/plug Don't fear the penguin. */
