Currency requires trade to generate tax revenue, and is like holding a bucket of water with a hole in the bottom.
Folks could nationalize gold reserves >1oz like the US did to exit the depression, publish holding-company investment owners, tax investment properties at 6% of assessed value every year, and pass a right-of-first-sale to citizens regardless of bid amount on residential zoned estates like Singapore.
One may wager any such actions are unlikely from the hapless. =3
alt Hacker News
Currency requires trade to generate tax revenue, and is like holding a bucket of water with a hole in the bottom.
Folks could nationalize gold reserves >1oz like the US did to exit the depression, publish holding-company investment owners, tax investment properties at 6% of assessed value every year, and pass a right-of-first-sale to citizens regardless of bid amount on residential zoned estates like Singapore.
One may wager any such actions are unlikely from the hapless. =3