“As soon as one succeeds in freeing oneself of the universally but tacitly accepted creed that a country must be supplied by its government with its own distinctive and exclusive currency, all sorts of interesting questions arise which have never been examined.” (Friedrich August von Hayek)
Hayek was a Renaissance man among twentieth-century economists has made fundamental contributions in political theory and economics but his call for Denationalisation of Money wasn’t listened to at the time. Perhaps, with the advent of crypto currencies, his time has finally arrived?
Friedrich Hayek Denationalisation of Money The Argument Refined
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