[Pen-l] Re: Many happy (Austrian) returns

["Julio Huato" <juliohuato@xxxxxxxxx>]

d^2 wrote:

> In principle you could have a commodities standard
> - although the only privately owned commodities-
> backed currency I'm aware of is Airmiles, and that
> has notoriously hyperinflated.

I wonder if the Airmiles monetary zone is in any way comparable in
size to the iTunes gift card monetary zone.  My daughters, their
friends and schoolmates have a whole chunk of the global economy
hinging on iTunes gift cards.
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