Monday, July 18, 2011

Free currency

Mike Rozeff writes: "Currency is the blood of human exchange. From currency arise prices, and prices are the air that peaceful exchange breathes, an air that communicates living information. Currency is the division of labor’s partner. Currency is our means to transfer labor and energy through time and space, to bring future goods into commerce today. It is that vital means by which we convey the benefits of our labor to others and they to us.
Mankind needs currency. It is absolutely essential to our welfare in any modern economy.
Do we want freedom and free markets? Then currency must be produced in freedom. Do we want to be controlled and directed by government in totalitarian style? Then currency will be in the hands of government as it is now...."
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Comment: As long as our currency is not free, we are still half-slaves.

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