by Summary:
The main plans that I discuss in these posts constitute two “families,” each with some antecedents and many subsequent related newer proposals. I think of them as Goudriaan/Graham/Hart-Kaldor-Tinbergen-type plans and Keynes/bancor/SDR-type plans....The world appears to be moving toward a set of conditions in which scarcity of real resources dominate for a variety of reason not the least of which is natural limitations on the use of carbon-based fuels owing to pollution and climate change. In addition, there also appears to be widespread dissatisfaction with the monetary regime is known as Bretton Woods I and II. In addition to that, there is also a widespread perception that the US as the issuer of the primary global reserve currency abused its "privilège exorbitant," as French foreign
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The main plans that I discuss in these posts constitute two “families,” each with some antecedents and many subsequent related newer proposals. I think of them as Goudriaan/Graham/Hart-Kaldor-Tinbergen-type plans and Keynes/bancor/SDR-type plans....The world appears to be moving toward a set of conditions in which scarcity of real resources dominate for a variety of reason not the least of which is natural limitations on the use of carbon-based fuels owing to pollution and climate change. In addition, there also appears to be widespread dissatisfaction with the monetary regime is known as Bretton Woods I and II. In addition to that, there is also a widespread perception that the US as the issuer of the primary global reserve currency abused its "privilège exorbitant," as French foreign
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Mike Norman considers the following as important:
This could be interesting, too:
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The main plans that I discuss in these posts constitute two “families,” each with some antecedents and many subsequent related newer proposals. I think of them as Goudriaan/Graham/Hart-Kaldor-Tinbergen-type plans and Keynes/bancor/SDR-type plans....The world appears to be moving toward a set of conditions in which scarcity of real resources dominate for a variety of reason not the least of which is natural limitations on the use of carbon-based fuels owing to pollution and climate change. In addition, there also appears to be widespread dissatisfaction with the monetary regime is known as Bretton Woods I and II.
In addition to that, there is also a widespread perception that the US as the issuer of the primary global reserve currency abused its "privilège exorbitant," as French foreign minister Valéry Giscard d'Estaing famously. This criticism increased of late after the US "weaponized" the dollar in order to preserve and extend its global hegemony through the global economy using the dollar dependent o financial system.
So the present discussion is taking place on this platform.
In short, the floating rate system itself is under attack and will only last as long as US (Western) hegemony lasts. This is major geopolitical contention at present as decolonization takes hold more firmly.