> A single fiat currency seems better than multiple fiat currencies either
> floating against each other or fixed against each other.
I emphatically disagree. Fiat currencies can only be imposed by
depriving
people of alternatives. The larger their scope the more alternatives
can
be eliminated
>> The larger the area of the currency the more worthwhile it is for
>> alternative currencies and payments systems to compete with it,
>
>I disagree. The larger the scope of fiat money the more easily the
>alternatives can be supressed.
>
>CCS
I agree with CCS that fiat currencies are "just wro
> A single fiat currency seems better than multiple fiat currencies
> either floating against each other or fixed against each other.
I emphatically disagree. Fiat currencies can only be imposed by
depriving people of alternatives. The larger their scope the more
alternatives can be eliminate
CCS wrote:
>
> > >Much of what David Hillary wrote makes some sense. But the idea that
> > >the Euro has some constructive economic or liberating function is
> > >absurd. IMHO.
> >
> > Well surely "absurd" is too strong a word; this is just a friendly
> > discussion after all!
>
> I was origin
> >Much of what David Hillary wrote makes some sense. But the idea that
> >the Euro has some constructive economic or liberating function is
> >absurd. IMHO.
>
> Well surely "absurd" is too strong a word; this is just a friendly
> discussion after all!
I was originally going to write "wrong h