Or if we really aren't just playing at State sovereignty, which I think we might be, we give them some sort of monetary independence. The era of coins and bills is probably over (or I can't get my head around my replacement idea for that). So:
-- Either we let them issue payments to banks in state tax credits--let the banks state the doll…
Or if we really aren't just playing at State sovereignty, which I think we might be, we give them some sort of monetary independence. The era of coins and bills is probably over (or I can't get my head around my replacement idea for that). So:
-- Either we let them issue payments to banks in state tax credits--let the banks state the dollar to state "currency" exchange rate, no problem.
-- Or we leave dollar denomination, but let each state open a payments clearinghouse, a kind of mini-central bank, less all the bank woo, through which state taxes must be paid. Such a clearinghouse could even bypass the banks and allow businesses to make business-to-business payments on it.
Or if we really aren't just playing at State sovereignty, which I think we might be, we give them some sort of monetary independence. The era of coins and bills is probably over (or I can't get my head around my replacement idea for that). So:
-- Either we let them issue payments to banks in state tax credits--let the banks state the dollar to state "currency" exchange rate, no problem.
-- Or we leave dollar denomination, but let each state open a payments clearinghouse, a kind of mini-central bank, less all the bank woo, through which state taxes must be paid. Such a clearinghouse could even bypass the banks and allow businesses to make business-to-business payments on it.