Keep the Deficit, Ditch the Debt: The Libertarian Case for a Debt-free Currency

Posted by $ CBJ 5 years, 1 month ago to Economics
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"Fiat money is inferior to money backed by hard assets. But some forms of fiat money are superior to others. This paper makes the case that, from a conservative or libertarian perspective, pure or “unbacked” fiat money is much less destructive to the economy and to personal liberty than the “debt-backed” fiat money we use today. It suggests a moral, legal and practical method for transitioning from debt-based money to debt-free money."
SOURCE URL: https://fixourmoney.wordpress.com/


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