GOLD 0.51% $1,391.7 gold futures

farma, nobody would have control of these units. You can only...

  1. 481 Posts.
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    farma, nobody would have control of these units. You can only expand the number of units by producing more. The price would then move according to the 50 commodities. I would earn them and that could be banked. The other question might be, can they be redeemed for commodities? That's a tougher one, but only a problem needing a solution. The critical aspect is, if I turn up at your farmgate to buy your grain, barley, wheat, biodiesel - would this currency have your full confidence. To arrive at that point would have meant a revolution in the way we think. And revolutions occur when there is mayhem. If there is to be economic mayhem we would then have an opportunity to have something other than gold as the replacement for fiat.

    salud

    Max
 
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