xpatUSA

James Grant Wants to Know: Who Will Buy Our Greenbacks?

I think that Professor Antal Fekete has it just about right. He lets the dollar go it's merry way, complete with the Fed, Banks large and small, Forex, the whole shmear. He proposes a concurrent gold-based system, the which makes quite a bit of sense to me. The dollar would soon atrophy and die, methinks, and good riddance.

Meanwhile, GoldMoney offers a good alternative to fiat currency - goldgrams. Maybe they'll catch on!

T.C.