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interesting.
here's something i've never understood about the libertarian critiques of "fiat currency."
maybe you can help me out with it.
generally, such critiques are linked to a demand for a return to the gold standard.
how is the value of gold any more or less a matter of convention than is the value of paper?
best i can figure it, there's no particular difference at this level: rather the difference lay in the finiteness (in principle) of the stock of gold...
is that all there is to it?
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a gramophone its corrugated trumpet silver handle
spinning dog. such faithfulness it hear
it make you sick.
-kamau brathwaite
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