I wonder how difficult it would be to have separate currencies for rich people and poor people (a la Germany vs Italy problem in EU).
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Replying to @ESYudkowsky
Once upon a time there were de facto currency tiers of copper, silver, gold, and gemstones.
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Replying to @kaleidic
...well, yes, but the idea was to separately stabilize aggregate demand and wages. Hard to do with metal as the unit-of-account.
12:26 PM - 17 Mar 2017
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