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I've been wondering for some time now why people don't currently use gold, silver, platinum, bananas, or whatever as a medium for exchange instead of dollars, euros, yen, etc. Are there laws in place forcing people to trade in dollars? There are plenty of other things available that could be...
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This was a few days ago. Does anyone have any opinions or ideas that might shut down the gleam of optimism I have for this bill? I'm just wondering if it could possibly catch on any time soon. http://le.utah.gov/~2011/htmdoc/hbillhtm/HB0317S01.htm
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Hi all. I've been slowly working, over the past few months, on what I like to call a "Craig's List for sound money". I think I am finally ready to tell the world about it, though I know many important features are still missing; I need some real users to keep me motivated. I plan to...
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My son will be turning 8 years old soon and he is exceptionally bright for his age...and he is really showing a strong interest in economics and politics. He already understands the value of collecting gold & silver over paper money, and totally understands inflation as well! During the presidential...
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Point taken. However I'm not debating the form and makeup of a state, or indeed the virtues of anarchism! What I'm curious about is whether or not the core economic issue is the violent enforcement of a monopoly on currency ( by the state ). Fine, get rid of the FED - let the state control money...
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@ meambobbo Great post, just curious... So... perhaps what might be ideal is a completely open, free-market competition in actual currency? Gold, silver, paper money (backed 100% by X Y or Z) or e-gold, diamonds, vintage cheeses (joke!) or whatever the free-market innovates and finds most convenient...
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I still don't quite see the point in switching to a 'gold standard' at all. Why not completely abolish the enforcement of a monopoly on any single currency, be that pure gold, gold-backed, silver, fiat etc? Why not just have open competing currencies and let the free-market decide which is...