In response to:

Let's Give the Fed Some Competition

Clovis_Sangrail Wrote: Apr 04, 2012 4:50 PM
So, really, your idea (or Paulus Textor) is not the same as what Stossel is talking about. You want to return to the Gold standard, and have us all biting on money all the time, lest we be ripped off.

Pssst. Want to buy some Stossels? They’re my own currency with my face on them.

Why should you trust them?

Because I promise to redeem them for gold. And I’m reliable. I have money in the bank and a job that brings in more than I spend.

By contrast, the politicians who back American currency run an unsustainable deficit.

The Federal Reserve prints so much money that since it opened its doors in 1914, the dollar has lost more than 90 percent of its value.

OK, I won’t really sell Stossels. Americans get jailed for offering alternative currencies. The government insists...