Tuesday, January 10, 2012

Xchooling

Xcode is not as cool as it looks. Eclipse style bookmarks wouldn't hurt :-}

So according to a comment poster the Austrian School is not about "free banking" (apparently malinterpretation by the article) but about finding a commodity that can not be created out of "thin air" to price other commodities/transactions.

What would that be? Would every major economy have access or agree to it? Would other countries have access to it? Is it natural? Is it artificial? Is there enough of it? How would we prevent another cartel?

The only commodity that complies with this is air. I wonder if the t-bond holders would accept the trade.

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