I'm reminded of the game "Hot Potato".
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Once upon a time I had a face to face with a man from Bayern. The chat turned to the topic of Federal Reserve Notes. The notion was that "we" are somehow receiving a special benefit and blessing through the circulation of FRNs. I asked: "Isn't our tolerance a benefit and a blessing? Doesn't that have value too?" He didn't like that because then its even. There isn't room for one-sided debt.
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