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Interesting, thanks for the pointer! Though, since we're dealing in hypotheticals already: wouldn't the expectation be that whoever gained the upper hand on the
by twothreeone 4mo ago
Interesting, thanks for the pointer! Though, since we're dealing in hypotheticals already: wouldn't the expectation be that whoever gained the upper hand on the world stage would've aimed for de-facto control over whichever currency system was in place anyways?
- wonnage 4mo agoYeah, they could just inflate Bancor the same way a country can with their own currency today (i.e, printing dollars) to manage their debts Tbf it was proposed in a time where globalization was a good thing and there was naive optimism about international organizations!