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Phase Three has me scratching my head: did you mean one ounce of silver equals two ounces of gold, or the other way around. If gold coin face values stay fixed while silver coin faces adjust later, and everything redeems 1:1 by face, what stops a free arbitrage trade swapping between gold and silver coins during the shift. On the 100:1 reset, will every wage, price, tax, rent, mortgage, bank deposit and bond coupon be divided by 100 on day one, and how do you handle rounding and contract disputes. For foreigners, how will FX desks quote the new Electronic Dollar and what backstops keep offshore dollar IOUs from triggering a run on your gold reserves during the swap.
RE: Tell me what you think…