[extropy-chat] Bloodless Redistribution of Wealth(wasSingulartarians)
gts
gts_2000 at yahoo.com
Wed Dec 28 22:55:39 UTC 2005
It would destabilize the currency. $20 notes bearing Kenneth Lay's photo
(former Enron Chairman) printed a few years ago would be worth less or
more (probably less) today than $20 notes bearing Bill Gates' photo
printed this year.
People would be trading these things on ebay like baseball cards and
cabbage patch dolls. We would have no idea about the real money supply.
Probably the increased risk of ownership would cause the US dollar to tank
on world markets.
-gts
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