The Libertarians have been talking about it for a long long time. Our Fed can print more money whenever they need it, which causes inflation for the rest of us who aren't able to print our own paper money. Ending this practice and transition toward a "hard money" economy in which things of real value (gold, silver) are used in exchange would eliminate our government's ability to fund itself this way. Lots would change. I don't know if anyone can really predict what would happen, but there is such a giganitic international financial organization opposed to it that there would be bloodshed should we even get close to making such a change.
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timeasmymeasure
no subject
Date: 2008-01-07 07:36 pm (UTC)