4 ms·
Was it him that proposed that we should abolish national currencies, and allow people to accept whatever currency they see fit? People would accept the most st
by denton-scratch 5y ago
Was it him that proposed that we should abolish national currencies, and allow people to accept whatever currency they see fit?
People would accept the most stable or well-managed currencies (or switch into them quickly, if they're using currency as a store of value), and so deter chancellors from debauching their national currency.