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... or how about "none of the above".
by fche 11y ago
... or how about "none of the above".
- littletimmy 11y ago"None of the above" means no money at all. Money is issued by the central bank with the authority granted by the government which is in turn granted by the people. So long as there is money, there will be a monetary policy. The government doing "nothing" is not an option.
- xlm1717 11y agoI think nothing (or as fche said "none of the above) was an option. The economy is sick because we insisted the sickest companies in the economy were "too big to fail". We're keeping them on life support when they're sucking the life out of the economy.
- laotzu 11y agoPeople --> government --> central bank --> money --> people... This is 2015, why do we need so many middle men and such an inefficient closed source volatile paper based system? How about letting the people issue their own money based on open source computer algorithms and p2p networks instead of oligarchy voodoo?
- fche 11y agoIt was not "doing nothing" I was proposing, but "giving nothing", in the specific sense of donating (vs. paying for a service).