[12877] in Cypherpunks
Re: The American money capture
daemon@ATHENA.MIT.EDU (Perry E. Metzger)
Mon May 2 16:15:36 1994
To: Blanc Weber <blancw@microsoft.com>
Cc: cypherpunks@toad.com
In-Reply-To: Your message of "Mon, 02 May 1994 12:19:34 PDT."
<9405021827.AA14132@netmail2.microsoft.com>
Reply-To: perry@imsi.com
Date: Mon, 02 May 1994 16:07:07 -0400
From: "Perry E. Metzger" <perry@snark.imsi.com>
Blanc Weber says:
> Would it be too complex and lengthy an explanation to provide to say
> how the money supply is decided in the first place; that is, how an
> appropriate amount of it is calculated initially? Is this in reference
> to the gold or other backing which gives each dollar its monetary value?
The explanation would certainly be of interest to some, but I would
suggest asking on sci.econ, rather than here on cypherpunks. I don't
want to sound like a wet blanket, but there ARE forums for discussing
this sort of thing.
Hell, I'll happily answer the question, too, if asked -- in PRIVATE
email.
Perry
