re: #381 Killgore Trout
Agreed. Especially with the rise of of internet and economic globalism things are changing. We are all connected economically these days. New rules and new systems will be put in place to adapt to the changing global economy. Change is the only constant.
People seem to forget about the IMF, WTO, NAFTA, G8, G20, etc. All are recent additions that affect monetary policy. Smaller things like credit cards or debit cards which some ironically see as a threat to their privacy and then some.