Debt without consent: The tragedy of monopolized fiat money
Cointelegraph
Published Sep 18, 2020 09:00AM ET
Updated Sep 19, 2020 02:00PM ET
As an anarcho-capitalist, I hold that property rights are sacred and that violence is acceptable only when our natural rights, as embedded and enshrined in the Constitution and Bill of Rights, are under a direct and imminent threat, and only in self-defense. I might be the first anarchist, anarcho-capitalist, or minarchist you’ve ever met. Those labels may sound scary to some — that’s fine.
Democrats and Republicans call each other scary names all the time, too. But all my labels mean is that I believe in a monetary system that presumes freedom more consistently than that which is advocated by a typical Libertarian. I identify as such due to a moral judgment I made, one that I arrived at after observing the results of our country’s fiat paper money, odious debt and central banking system. After analyzing these with reference to foundational concepts and principles of economics, I think others will see the generally accepted alternative of Democrat socialism vs. Republican capitalism as I do.
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Written By: Cointelegraph
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