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To: Toddsterpatriot
Which of the hundreds of new currencies would you use?

(I doubt there would be hundreds.)

Obviously, I'd use the currencies I needed to use to obtain what I need. I'd keep my cash in currencies that I trusted, and if I needed something only available in another currency, I'd trade my preferred currency for that currency and then trade for the good.

But I suspect that, in time, there would be a few currencies that would be universally accepted.

121 posted on 11/14/2009 9:03:42 AM PST by Swing_Thought (The doorstep to the temple of wisdom is a knowledge of our own ignorance. - Benjamin Franklin)
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To: Swing_Thought
Obviously, I'd use the currencies I needed to use to obtain what I need.

Your paycheck is in "JP Morgan dollars".

if I needed something only available in another currency, I'd trade my preferred currency for that currency and then trade for the good.

With a bank as the middleman? Doesn't sound very efficient.

123 posted on 11/14/2009 9:16:19 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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