4 ms·
> Why re-invent the wheel, when a system already exists for doing just that? They don't even want to use that system. They want to create yet another that is s
by yardie 6y ago
> Why re-invent the wheel, when a system already exists for doing just that?
They don't even want to use that system. They want to create yet another that is state-controlled.
- ur-whale 6y agoYeah, I hear you, but there's a built-in contradiction in there: if you want to trade with other countries, this whole "state-controlled" business doesn't work too well. The US are only in this controlling situation because of a historical accident (WWII). If they hope to establish non US-controlled ways of exchanging value, I suspect they'll have to relinquish some amount of control, unless - of course - China becomes much more preponderant both economically and militarily.