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Non-Tech : Monetary Policy and Standards
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To: Hawkmoon who wrote (7)8/22/1999 4:28:00 PM
From: long-gone   of 29
 
<<So cutting to the chase on this.... money is what two parties agree upon acting as a proxy for a barter tranaction of goods and services.

And as a proxy, it is only has sound or unsound as is psychologically perceived by the participants.>>

So, given this and "e-money" can the Fed or the treasury(or any other group) have any control over "monetary policy"
in the near future? Are we, possibly near doing away with the Fed through technology?
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