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Monetary Freedom

May 5th, 2009 | Money, government by Populist Party Daily Updates

A State-run gold standard occurs when the State controls by force the monetary arrangements. States have done this in all sorts of ways and with many degrees of control. Money then becomes, wholly or in part, a product of the State, not solely of the free market. Monetary freedom is suppressed. FULL ARTICLE

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2 comments ↓

#1 Josh Errea on 05.05.09 at 3:18 am

I recently read that you can get a fine or jail time for trying to use anything OTHER than US fed notes as money.  Is this true?  If so, it’s insane.

#2 Spoonerite on 05.05.09 at 4:17 am

I’ve heard some talk on this site about how using gold for money immediately implies a gold standard.  This article gives a great overview of how a gold standard could (and is, in my opinion) just as bad as any other standard.  The problem isn’t the money, or what kind of money – the problem is the government monopoly over the money.

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