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Walter
I agree 100% in the workability of what you propose, however, it appears you are sidestepping the major points of contention.
1. The fraudulent nature of the monetary system which your proposal requires.
2. The inevitable double digit inflation that will surely ensue.
3. Blind faith that the government can/will downsize.
As an interim measure it would surely be preferable to what we have today, but you have admitted that its achievement will take an inordinate amount of energy and head butting. Wouldn't it be a better use of that energy to strike at the root rather than pruning a few branches?
Now, if this proposal was sold as an interim measure, with the ultimate goal of a return to honest money, that would surely be more palatable. As a stand alone it is still snake oil and the bitter taste will linger, long after its soothing effects have vanished.
gldskr
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