Re: The American money capture

Blanc Weber says:

Would it be too complex and lengthy an explanation to provide to say how the money supply is decided in the first place; that is, how an appropriate amount of it is calculated initially? Is this in reference to the gold or other backing which gives each dollar its monetary value?

The explanation would certainly be of interest to some, but I would suggest asking on sci.econ, rather than here on cypherpunks. I don't want to sound like a wet blanket, but there ARE forums for discussing this sort of thing. Hell, I'll happily answer the question, too, if asked -- in PRIVATE email. Perry