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> My desired solution is for central banks and their abusive monetary policy to die in a fire. One way to achieve that is to have many competing currencies tha
by tablespoon 5y ago
> My desired solution is for central banks and their abusive monetary policy to die in a fire. One way to achieve that is to have many competing currencies that are not controlled by a central bank. If any are a worthy replacement for government fiat people will use it. But, that is precisely why governments will do their best to regulate use of competing currencies.
So your "solution" is a regression to something that was tried and didn't actually work well? https://en.wikipedia.org/wiki/History_of_central_banking_in_the_United_States#1837%E2%80%931862:_%22Free_Banking%22_Era https://en.wikipedia.org/wiki/History_of_central_banking_in_...