Excellent report here--breakup of the union is my recommended solution (of course): http://eig.org/dynamism
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pretending that 1 dollar in LA and NYC= 1 dollar in Portland Maine is insane.
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This is true, but being able to carry dollars from NYC to Portland, Maine and still use them is super nice
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yeah and fuck the people of Portland if that convenience consigns them to permanent stagnation amirite
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but forreal online banking makes switching between currencies a breeze
End of conversation
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Which reason?
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stifling regional economies by suppressing feedback from trade
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'feedback'?
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strength and weakness of export trade, capacity to buy imported goods
End of conversation
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