17 Feb
2011
17 Feb
'11
6:56 p.m.
Kevin Carson wrote:
The government, at least to the extent that bank licensing and legal tender laws are enforceable.
So governments had the authority to issue currency for themselves, but then gave it away to private corporations? How funny. I wonder why they did this. It must be for the best, right? I've heard people say "It is to control inflation" as though those private corporations have more self-control than governments. If this logic is true, does that mean all the P2P currencies are fundamentally flawed? If this logic is false, does that mean our governments and the corporations that operate those governments are lying to us?