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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (6539)	6/18/1999 12:11:00 AM
From: d:oug	Read Replies (1) \| Respond to of 82007

Ok Zeev, last post, tomorrows a work day and you need shut eyes, but to me whats in place now to regulate the world's economy still has too many loop holes for those making the top decisions to stay in line and work for the average Joe, as Ron wants. Tomorrow let this thread maybe think out a way to replace gold with another object, and yes its implications for the then "new" way gold should be priced. doug

To: Zeev Hed who wrote (6539)	6/19/1999 5:57:00 AM
From: d:oug	Read Replies (2) \| Respond to of 82007

Zeev, its the weekend and ok to loosen up and being out of sight of those clients looking for Deep Think Scientist Zeev, you can now be yourself as the Mad But In Control Scientist. So lets take a really off the wall idea and see if it will fly or crash & burn. In a world, in a place, far far away from Earth, a look alike USA that is like this one, with the difference that the money creating and control and regulations was sold off by the government the same way as ours did with the post office, and its now in the private sector, as follows..... .......Under a pure commodity money, the money-supply process is totally privatized: The mining, minting, certification, and storage of the money commodity as well as the issuance of fully covered, i.e., 100-percent gold-backed, bank notes and deposits are carried out by private firms operating in a free market. The virtue of a genuine, 100-percent gold standard is precisely that it establishes a free market in the supply of money and, in doing so, brings about a complete abolition of the governmental monopoly in this most sensitive and vital area of the market economy. wild doug