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To: Maurice Winn who wrote (68550)11/23/2010 10:08:53 AM
From: arun gera1 Recommendation  Read Replies (1) | Respond to of 218029
 
>The poverty and death didn't result from reserve currency issues. >

When did I say that poverty and death comes from reserve currency?

It is the relative distribution of the bargaining power that flows from adoption of currency, and more so from paper currency, and even more so from electronic currency. The pie actually gets bigger because of economies of scale.

However, rulers should not abuse the power of currency, just like companies like Toyota should not abuse their brand by cutting corners.

-Arun