Fiats become free, but hold the resellers license, they will suffer Due Process.
Be transparent about discrimination, and at least allow congestion priced in and out. Hedge funds and ecology funds are fair. But, fiat bankers require a third party review of pro forma rejection. There will be a risk review court. It is hard to avoid that one these days.
But that builds trust, and the fiaters inherit a whole bunch of sales and tax accounting business via the provable contracts. The Fedwire interface to the sandbox is a nice position.
It seems to me, the Supremes like this deal. Power to coin, restored, fiaters inherit Due Process and the monopoly tax, renewable. The guarantee government debt as collateral. Splitting up the costs, these levels seem real enough for the Justices. Make this a quick deal, no need for congress, it is a fundamental.
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