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How bad money keeps good money down - Open Knowledge — LiveJournal

Feb. 10th, 2008

03:41 am - How bad money keeps good money down

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From:hiro_antagonist
Date:February 11th, 2008 02:16 pm (UTC)

Re: Single currency

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That's what it's come down to for the last two hundred years or so, you know?

Look at all the fuss that was made when having a national reserve and federal banks were proposed. We're better off now for it, though I suppose by your leanings you would have virulently opposed such a thing at the time.
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From:(Anonymous)
Date:February 13th, 2008 04:43 pm (UTC)

Re: Single currency

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What about virulently opposing such thing at THIS time? You say that "We're better off"... Really? We're better off with a currency that loses its value over time? We're better off with a currency in control by a handful of men, instead of millions of men?

Yes, you have made it very clear that you would gladly trade a little of your freedom for a little security. You deserve neither and will lose both.
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