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<p>[QUOTE=&quot;cladking, post: 782610, member: 68&quot;]The best possible money would be a type of fiat money.&nbsp; It has to be fiat to gaurd against sudden changes in&nbsp; valuations.&nbsp; But it should be a stable currency.&nbsp; Indeed, it should become more valuable over time.&nbsp; This could be done and the government could still strip the money of its value so long as they didn&#039;t exceed the increase in productivity plus the interest paid on money.&nbsp; </p><p><br /></p><p>Essentially this money would work like shares in a corporation but the corporation is the government.&nbsp; New shares are only permitted as the economy grows.&nbsp; Simple productivity gains are split between share holders and the government.&nbsp; Beyond this the government simply has to live within their means.&nbsp; This is where all previous currencies have failed; governments refuse to live within their means.&nbsp; Once they get the taste of deficit spending they are like sharks in a tank with blood in the water.&nbsp; They will spend and spend and as more howls about taxes go up they&#039;ll reduce or curtail taxes exascerbating deficit spending. It is government which wrecks money.&nbsp; If you want sound money then you have to vote for sound government but instead we either vote for the guy who promises more pork or the guy who promises lower taxes.[/QUOTE]</p><p><br /></p>

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