> From: "Brian Siano" <siano at mail.med.upenn.edu>
>
>> I'd like to suggest you re-read what I'd said. I stated that local
>> currencies would obviously _not_ work for many things, such as (in
>> Doug's suggested counterexample) steel, and it would not be a substitute
>> for the prevailing currencies in all situations. Again, I'd be
>> interested in knowing the actual workability of local-currency schemes,
>> and how well they've worked when they've been implemented.
>
> I didn't say local currencies can't possibly work. I said they can't
> possibly work if you want to have MRI's, ambulences, cancer drugs and
> computers in your local community. If you can do without these things, a
> local currency might work fine.
And since I'd stated that there were many things for which local currencies wouldn't be workable, and that one couldn't do without the mainstream currencies, I'm hard pressed to see your point.
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