[Top][All Lists]

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[Taler] note to 035-regional-currencies.rst

From: Calvin Burns
Subject: [Taler] note to 035-regional-currencies.rst
Date: Sun, 12 Feb 2023 13:13:33 +0000

Just some thoughts about local currencies.

An exchange could also connect two regional currencies.
The "cash-out" function would translate currency 1 to currency 2 somehow.

Today every commercial bank creates it's own local currency by printing its own
money (by creating credit (for itself or others) and take "interest" for 
creating credit).
How do they connect their local currencies (beside giving them the same name)?

Why are private banks allowed to print money?  Why are they allowed to take
tribute for printed money?  Why are they allowed to decide who gets money and
for what?

Attachment: signature.asc
Description: PGP signature

reply via email to

[Prev in Thread] Current Thread [Next in Thread]