As monetary policy is a dry subject for economists, very few people have any input. Consider how small a percentage of the population can even follow along with Jim Cramer, then recognize that the subset of people who know what the words "Bretton Woods" mean among that group is even smaller. No. All roads lead to feudalism. Local currencies are a pipe dream in the current economic climate. www.bitcoin.org "*America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards.*" – Clair Wolfe, 101 Things to Do 'Til the Revolution (1996)Since it's creation, how have the arguments stated in the video been accepted?
Do they agree on a future alternative system along with a route to transition over to it?
Does the growing presence of global companies (Many of which are now replacing local businesses) preclude the plan of using local, interest-free currencies?
Are any organizations (Government, multi-national, or other) working to fix the problem?
Or are we shit out of luck?