noclique

3 ms·

1. 1.▲
   by noclique 14y ago

   Yeah you're right. I'm fairly certain also that it's legal for private businesses / individuals to accept and sell other forms of money. Only when it comes to tax payment must you use the State issued currency or suffer repercussions. Howev
2. 2.▲
   by noclique 14y ago

   Technically, Austrians don't equate "no central banking" with "commodity-based currency". They simply point to the fact that without a Socialist central bank dictating by fiat what currency to use, the free market would simply decide. Austr
3. 3.▲
   by noclique 14y ago

   I find the argument that Gold and Silver are currently in "bubbles" to be unfounded. I think in the future as central banks across the planet continue their reckless expansionary monetary policies, the potential is certainly there. However
4. 4.▲
   by noclique 14y ago

   Mr Tucker is truly a treasure. If anyone is not familiar with him or the ideas, check out mises.org