On Tue, 21 Jun 2011 07:33:00 +0900, "Brenda Ann"
wrote:

Not only that, but the average person will look at your shiny metal and ask
WTF am I supposed to do with THAT? It's big time unlikely at this point that
it will ever become a currency again, to be used by the common person to
trade for goods. I think it much more likely the world would return to
serfdom, where the rich own everything and the rest of us work for them and
are allowed to stay on THEIR property in exchange for that work.


Historically, gold was accepted as a constant value item - until the
age of exploration changed this. Adjusting a currency to a single
commodity can be dangerous. Think of what would happen if we got
transmutation or some other way to cheaply increase the supply.

We kind of have that with backless currency as well - except the
powers are in more control - with different risks.

--
"In no part of the constitution is more wisdom to be found,
than in the clause which confides the question of war or peace
to the legislature, and not to the executive department."

- James Madison