zanardm

Dollar Concerns Are Real

Europe has dual currencies; why not America? Let the currencies compete to see which one is perceived to be best managed and most valuable. Like any commodity, a more limited supply (i.e. monetary conservative) fosters enhanced value. In other words, let the market place decide. Of course, the portraits would be the same; and at the top of N.A. dollar, one would have Federal Reserve West note.

Dollar Concerns Are Real

Another currency for America?

An alternative to another world reserve currency, or in addition, would be to introduce a competitive currency for our debased D.C. dollar.
Is the Fed just debasing the currency? Is it time for dual currencies here in America? Perhaps a Fed Reserve West in the heartland, with a N.A. dollar (North American dollar), with tight bank management controls, good IT team, and transparency and accountability, especially when temptation (creating money) is at the door or window. Start the 2 currencies at par. Then let all Americans decide what currency they prefer in transactions, both personal and for business accounting. A more limited supply increases the value of any commodity, including a currency; hence protecting the value of a currency. There is too much money out there idling already; more geenbacks by the Fed is not the solution; too much debt is the problem. Debt city or deleveraging city (D.C.) what's the call - America?