A free market in money — which would be tantamount to putting an end to central banks’ money production monopolies — is actually easy to establish. Just strip the official currency of its privileged “legal tender” status and remove all capital gain and sales taxes on all media that stand an excellent chance to compete for becoming currency — most notably gold and silver but potentially also crypto units.
A free market in money will work wonders. Many of the evils that haunt our world today — be they chronic price inflation, financial and economic crises, boom-and-bust cycles, and even over-funded governments and aggressive wars, would be greatly reduced. One of the biggest challenges of our time is to reform our money. The solution is to open up the market in money.
But...............................
1) Life goes on with restarts
2) Restarts are chaotic.
3) Think about what the year of Jubilee was in the Bible. Maybe God had it right.
Yep. Let people decide what currencies they will accept be it gold or scrip from Bob’s Bait and Trust
A little buyer beware might go a really long ways to educating our populace