Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: Danish postal service to stop delivering letters after 400 years [View all]reACTIONary
(6,950 posts)33. The general economic consensus is that a gold standard, both domestic and international, ...
is a detrimental policy, leading to price volatility and hindering economic response to shocks (like recessions), with most economists seeing it as less stable than modern fiat systems.
Paul Krugman makes that case against the goldbugs.
Even the Ur-Libertarian, F.A. Hayek, eventually came around and admitted the value of "token money," albeit in the service of yet another odd-ball libertarian scheme: The Denationalisation of Money.
Edit history
Please sign in to view edit histories.
39 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
I would miss the delivery by the USPS. Out here in rural Arkansas and as a 77 year old it is nice to have. There have
LiberalArkie
Sunday
#16
In actual fact, all we have right now, and for some time, is ones and zeros....
reACTIONary
Sunday
#28
The general economic consensus is that a gold standard, both domestic and international, ...
reACTIONary
Sunday
#33
"Article doesn't say if this affects holiday cards and other greeting cards"
BumRushDaShow
Sunday
#8
USPS's chief budget constraint is the GOP Congress's requirement that the pension fund be FULLY funded --
eppur_se_muova
Sunday
#18
"USPS's chief budget constraint is the GOP Congress's requirement that the pension fund be FULLY funded"
BumRushDaShow
Sunday
#27
Thanks for the info. Not all of use can keep up with all the wonky details. The main point I remembered was that ...
eppur_se_muova
Sunday
#31
"Once this goes into effect, they'll have to figure out who is going to deliver ballots to voters."
BumRushDaShow
Sunday
#9
A private company with no pension obligation's are able to do it cheaper for obvious reasons
Mr. Sparkle
Sunday
#20