Interesting hypothetical.  I think Pound would point to the fact that Iraq
in the last few years has started to sell oil in euros instead of OPEC's
standard dollar currency.  What is at stake is a concept called seignorage,
the ability to pay off debts in the currency of your choosing.  Although oil
is clearly important, I think the struggle is about whether the dollar will
remain the world currency or whether it will be supplanted by the euro.
There are many factors, but I think that is what Pound would point to.  I
think his 1939 opinion and his 1949 opinion would be the same.  I will also
note that Pound, by religious heritage and temperament, was fundamentally a
pacifist.

Pound would also have been very interested in the proposal of Sears to sell
its Finance Division.  The local newspaper noted that it is far and away the
most important part of Sears, contributing something like 70% of the total
company revenue.

In other words, the retail operation exists to create debt.

Cheers,

Tim Redman

-----Original Message-----
From: - Ezra Pound discussion list of the University of Maine
[mailto:[log in to unmask]]On Behalf Of  $BEOJU?.Fs (B
Sent: Monday, March 31, 2003 8:53 PM
To: [log in to unmask]
Subject: genuinely academic inquiry?


Dear EP list-serv. members,

I don't know the following inquiry sounds genuinely academic or not, but I
really want to hear some suggestions and/or suppositions as to what
opinions Ezra Pound would reveal to the now-going-on War in Iraq; and
whether the opinions would be different between EP in 1939 and EP in 1949.


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