Is this Bannon's proposal?
"I intend to introduce a new US Dollar in print, and in Crypto Currency, backed by a Basket of Goods. The Basket of Goods will include, but is not limited to, a weighted price sum of Soy, Corn, Silicon, Natural Gas, Oil, Precious Metals, Cement, Steel, And a Barrel of Drinking Water, etc. The secret sauce is in the formula for correlating the prices of goods in the basket by some quantum dynamics formulas. The spooky science that Max Born came up with for description of Quantum Mechanics fits the description of Economic Chaos of our times."
Or does he still try to retain the veneer of rationality?
I don’t know. Stay tuned. It was only a 2.5 minute part of a speech. The BRIC+ countries are developing a similar concept to tie currency to a basket of goods to try and end the petro dollar. They aren’t far off in the opinion of many.