Private Coinage

The idea of private coinage seems so strange today that it is worth examining carefully. We are used to thinking of coinage as a "necessity of sovereignty." Yet, after all, we are not wedded to a "royal prerogative," and it is the American concept that sovereignty rests, not in government, but in the people. How would private coinage work? In the same way as any other business.

>>6
Money is the Schrödinger's Cat of economics.

Either you don't understand money (which is very likely) or you don't under stand Schrödinger's Cat (also very likely).  Either way, you failed hard.

>>7
You failed pretty hard too.