on November 14, 2023 in World News
From the Invisible Hand to the Invisible Sleight-of-Hand
by George Ford Smith Why are we using state money instead of market money? Put another way, why can’t we select the money we want to use? Cryptocurrencies are a market alternative, but they haven’t put state money out of business yet. If they ever threaten to do so, the state can prohibit them. Market money is sound because...
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