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To: Round Earther

No. They want to trade among themselves without converting to dollars. It will save them a few points on every trade.

It will mean the banks won’t need as many dollars on hand. Those excess dollars will be sold. The value of the dollar will drop. And the price of everything will rise accordingly.


18 posted on 06/18/2023 1:25:58 PM PDT by Vermont Lt
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To: Vermont Lt
--- "Those excess dollars will be sold. The value of the dollar will drop. And the price of everything will rise accordingly."

Apt and accurate.

30 posted on 06/18/2023 2:20:29 PM PDT by Worldtraveler once upon a time (Degrow government)
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