"Ummm, this seems rather obvious and simple. I can understand it from this brief description."But are you telling me that the people managing currencies today, who are supposed to have years of experience in these matters, and are supposedly at the top of their field, don't understand this? And are you telling me that enormous disasters – including the Asian Crisis of 1997-98, and even the end of the world gold standard system in 1971 – happen as a result?"And that, for some reason, people haven't figured this out properly yet?"
"Are you then suggesting that, by reading this one-page op-ed, I might now know more about this than the people heading the world's central banks? And that this knowledge could be used to make the world a place with a lot fewer monetary disasters?"