US offices as "Peoples Bank"...

Discussion in 'General Chit-Chat' started by Ponce, Jul 8, 2009.

  1. Ponce

    Ponce Well-Known Member

    OK, here I go with my crazy idea.......... I have been reading about using the post offices in Australia as "Peoples Bank" but the only trouble is that like in the US only the government can print

    In the US the post office already have the paper currency notes that can be traded among us and is called "The US Stamps"..........think about it.........they can print stamps for $1,5,10,20,50, 100 and even $1,000.......I don't believe that the US government can tell the post office that they cannot do it.

    The post offices would return to the government the fiat used by you to buy the stamps and they would get stuck with the fiat because "we the people" would be trading with stamps........that would screw up the banks and help the post office and the economy.

    Stamps are 1/6 the size of a fiat paper so that you could even put more of them in your wallet.

    You could even stick six $100.00 stamps to a piece of paper the size of a dollar bill and you would have a $600.00 dollar bill hahahahahahhaahha......anyway, where there is a will there is a way and this would be my way of taking away the monopoly that the banks have over the US currency.

    PS: Just don't stick a $1,000 stamp to an evelope, by mistake, instead of a .42 cents stamp.
  2. dukman

    dukman Greenhorn

    Um.. so what would this exactly do? I think it would lead to a further drop in value of the US$. Stamps are already in US$ value, so it wouldn't be investing in anything worth more than our fiat money is...

  3. Canadian

    Canadian Well-Known Member

    It is an interesting idea. However, it's a long way from the gold standard. The only thing you could "redeem" your currency for would be postal service. I'm not sure most people would see the value in that.
  4. Smithy

    Smithy Outdoorsman, Bladesmith

  5. The_Blob

    The_Blob performing monkey

    aka Dances With Letters

    aka Plainsworld

    :D :D :D
  6. Canadian

    Canadian Well-Known Member

    You could put the utility company in charge of currency.

  7. The_Blob

    The_Blob performing monkey

    aka Fishtar

    aka Mad Max: Beyond Aqua-dome

    aka Road Warrior Goes Snorkeling

    aka The Prince of Thieves meets The Prince of Tides