Comment: Doesn't that depend?

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Doesn't that depend?

"there is not enough gold and silver distributed in order for communities to use them as a common currency"

If silver = $300 per ounce and gold at $10,000 there might be an equal amount of silver and FRN. Remember M1 is only a tiny fraction of the total money out there. Most of it is in the form of fractional reserve digits, not paper notes. At some price level, there might be! The thing is, they are using not just a printing press, but also insane LEVERAGE. Even if we solve the fiat problem, we still need to address the LEVERAGE problem.

'Localism, A Philosophy of Government' has the right answer on money, and some of it could be applied to what you are talking about on the money half of the equation. Hugo Salinas Price had an idea for how to treat the silver libtard that could also represent an intermediate step.

Localism is for people who can still sleep at night even though somebody they don't know in a city they have never been is doing things differently. ("Localism, A Philosophy of Government" on Amazon for Kindle or Barnes and Noble ebook websites)