[AdamSelene235]

If you want to store your wealth in gold, then you can use Dollars to purchase gold.

Yes, but then if the dollar is debased, you are taxed on a fictious gain.

If you want land, then the Dollar already buys that, too.

And then you are forced to support the local socialist indoctrination camps.

So I don't see the reason to clamor for a mandatory currency replacement. Why force everyone to change to a "new" form of currency away from the Dollar?

I'm not trying to force people to do anything. The problem is that the current system exposes people to unneccesary risk. Why should you or I be on the hook for the speculative activity of JPM or the GSE's ? We don't share the profits, why should we share the risk?

Is there any possible currency that will be MORE flexible than the Dollar? Is there any possible currency than can insure that EVERY conceivable liquidity demand in our entire economy is always met?

But that comes at price. And the price is collectively held risk with privately held profit. TANSTAFL. Infinte liquidity isn't neccesarily a good thing. While it allows for spectacular progress it also allows for spectacular stupidity. I don't have a problem with high risk adventures, but the risk should be isolated to those who stand to profit. This is the role of stocks and bonds. There *is* no collective good so stop pretending the system is for the good of the "community".

Are there any limitations to what the Dollar can currently buy that another currency would remedy? If so, I certainly don't see it

How about a currency that preserves wealth? How about a currency that segregates stores of value from speculative activity.

[Southack]

If you want to store your wealth in gold, then you can use Dollars to purchase gold.- Southack

"Yes, but then if the dollar is debased, you are taxed on a fictious gain." - AdamSelene235

No, not if you traded in all of your Dollars for gold. In fact, at that point your gold will be worth more, so your investment would have proven fortuitous.

[Southack]

"The problem is that the current system exposes people to unneccesary risk. Why should you or I be on the hook for the speculative activity of JPM or the GSE's ? We don't share the profits, why should we share the risk?"

We share no more of the collective "risks" for JP Morgan Bank than we enjoy in collateral benefits from having the most dynamic, affluent economy to ever grace this planet in its entire history of Man.

[Southack]

"Infinte liquidity isn't neccesarily a good thing. While it allows for spectacular progress it also allows for spectacular stupidity."

No currency prohibits spectacular stupidity. Name a currency and some government has probably gone broke under that system.

[Southack]

"How about a currency that preserves wealth? How about a currency that segregates stores of value from speculative activity."

You've already got it. The Dollar enables you to store your wealth in whatever form you think will best preserve its value; gold, land, cash, whatever, the Dollar lets you obtain it at your leisure.