http://mises.org/daily/1854 Do you think education could be fully funded by a private fiat currency system alongside a honest money system in a libertarian society? Now in order for this system to work the whole education system would have to have it's own:
Just to clarify:
I'm asking if a private fiat currency system could fully fund eduction(of the majority) virtually free-of-cost to those 'in the system'? As long as they have confidence in the currency and use it. Inflation would exist to accommodate new comers and growth of the 'institution'.
I dont know about the question of education specifically, but I have long been of the opinion that a libertarian society would utilize private forms of fiat currency as well as precious metals as competing forms of money.