New Private Monies

New Private Monies

Kevin Dowd argues that states must allow a level playing field as far as private money is concerned. For too long the government has stifled competition between state-backed and private currencies. Instead, central banks should welcome competition as it forces them to offer consumers greater choice and improved quality. A weakened ability to store value, growing restrictions on finance, oppressive taxes and a lack of financial privacy have resulted in growing frustration… (more)

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Book Details  


Publisher: London Publishing Partnership (June 15, 2014)

Collection: Hobart Papers

Page count: 116 pages

Language: English


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