Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 1209812, member: 3011&quot;]There is no reason why USNs and FRNs won&#039;t trade 1:1 and this could easily be made so by law.&nbsp; The flaw is in imagining that a new USN would somehow trade at a premium.&nbsp; It doesn&#039;t even have to be called a USN.&nbsp; It could be called &quot;congress cash,&quot; &quot;debtbuster dollars&quot; or any other name that suits the US Treasury Dept.&nbsp; And any conversion would probably, out of necessity, only involve the use of USNs for new deficit spending and possibly some payments of debt that comes due.&nbsp; It wouldn&#039;t be a flash cut and there isn&#039;t any reason to shortchange the wealthy.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in