Re: Which currency system do you think is best?
"The money supply does not need to grow at all. As the demand for money rises the value of money rises which is all that is necessary."
Even if the whole world had one currency, I don't see how this can be correct (probably because I'm not educated on economics) because, in my view, China, with a trade surplus of over 20 billion a month, would eventually have all the money.
That an extreme statement, as once consumers see they are on a dead end economic street, they'll start producing in their own country. Now that sounds like a win situation for the working class.
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