Reply to: Worthless pound

[HairyArsedBloke]

They cost more because you have to create a system to produce them and pay the retailers for them.

The banks already had a system in place for pensions and other benefits to be paid electronically.

The system in the US is already in the form of a electronic card.

[suityou01]

SDR's have steadily fallen out of use since the 80's and unless the US stops running a deficit they will remain so, so that's one dead end

Sorry but that's not true. They were used heavily in the bailout. I think I may have posted this earlier in this thread.

[SueEllen]

They ought to cost less overall than paying cash to buy food.

They cost more because you have to create a system to produce them and pay the retailers for them.

The banks already had a system in place for pensions and other benefits to be paid electronically.

[AtW]

Food stamps are evil.

They ought to cost less overall than paying cash to buy food.

[HairyArsedBloke]

Food stamps are evil. The are inefficient, encourages crime, and create a dependency culture.

It also leads to idiotic things like: NY May Ban Buying Sugary Drinks with Food Stamps

[suityou01]

That's much better than paying pensioner like £70 per week and leaving them on their own.

meh, we can afford it

[AtW]

42 million on food stamps

That's much better than paying pensioner like £70 per week and leaving them on their own.

[suityou01]

SDR's have steadily fallen out of use since the 80's and unless the US stops running a deficit they will remain so, so that's one dead end

The amero, the idea of a currency union between the US, Canada and Mexico so beloved by right wing conspiracy theory nuts, which always ignores one basic fact, who would demand on being top dog in that partnership?

For that reason above any other the other two would never go for it as they would basically be handing control of their economy’s to the US

America would basically have to fall to a level of a 3rd world country before they would even consider entering a "partnership of equals" with those other countries (especially Mexico) and until they agreed to such the others would never agree to it

After the fiasco over the last year or two with the euro zone countries doubt will even see academics talking about a global currency in theory for a decade or so, never mind anyone in power even thinking about trying to create it

Uh huh. Read the papers lately? 42 million on food stamps, soaring unemployment and their currency collapsing around their ears. Their debt to GDP ratio is growing by around 1.6Trillion dollars annually and all they can do is raise the threshold of them defaulting.

[Not So Wise]

SDR's have steadily fallen out of use since the 80's and unless the US stops running a deficit they will remain so, so that's one dead end

The amero, the idea of a currency union between the US, Canada and Mexico so beloved by right wing conspiracy theory nuts, which always ignores one basic fact, who would demand on being top dog in that partnership?

For that reason above any other the other two would never go for it as they would basically be handing control of their economy’s to the US

America would basically have to fall to a level of a 3rd world country before they would even consider entering a "partnership of equals" with those other countries (especially Mexico) and until they agreed to such the others would never agree to it

After the fiasco over the last year or two with the euro zone countries doubt will even see academics talking about a global currency in theory for a decade or so, never mind anyone in power even thinking about trying to create it

[HairyArsedBloke]

[suityou01]

[doodab]

No, I've answered why I don't believe it. You believe what you like, it's a pointless argument. It simply won't happen.

It's an inevitable step on the way to the abolishment of money.

[Doggy Styles]

[suityou01]

No, I've answered why I don't believe it. You believe what you like, it's a pointless argument. It simply won't happen.

No need to sulk.
We need a "bottom lip out" smiley

Edit :

[Doggy Styles]

No, I've answered why I don't believe it. You believe what you like, it's a pointless argument. It simply won't happen.