Money is a medium of exchange. It is not something that was created by government, but government has taken on the role of monopolizing money. By hijacking money (in effect monetary socialism), governments can ultimately leads us to boom and bust cycles. USA being the most indebted country in the world uses money to mostly boom there economy. They however constantly need more money and in essence more debt is created.
Money should rather act as a commodity owned and traded by individuals within a real market setting. Currently the most common way to create money is through debt. But in a private money economy when I for example own a gold mine then by selling that gold on a real market setting i should be able to create new money. When I sell my skills on a job market I should be able to create new money.
Now it's really hard to understand or see money as private property because government has taken what was once a productive, private asset, socialized it and then politicized it. But as soon as we free up money and do not restrict the supply of money then more job markets will open up. More opportunities will open up. more development will open up. Now the most common argument against freeing up money supply is of course scarcity, but scarcity in certain circumstances is unavoidable and can not serve as an argument for socializing money. However scarcity in the most essential of industries like agriculture, education and some other other cultural areas are due to the very fact that there is no money supply to build these industries. With most of the earth being made of water and more ways even to get drinking water form sea water there is no way that we cant build cultures with enough food. yes in the future there might not me enough aluminium to build that or this but still ponder on it for a while....
Money should rather act as a commodity owned and traded by individuals within a real market setting. Currently the most common way to create money is through debt. But in a private money economy when I for example own a gold mine then by selling that gold on a real market setting i should be able to create new money. When I sell my skills on a job market I should be able to create new money.
Now it's really hard to understand or see money as private property because government has taken what was once a productive, private asset, socialized it and then politicized it. But as soon as we free up money and do not restrict the supply of money then more job markets will open up. More opportunities will open up. more development will open up. Now the most common argument against freeing up money supply is of course scarcity, but scarcity in certain circumstances is unavoidable and can not serve as an argument for socializing money. However scarcity in the most essential of industries like agriculture, education and some other other cultural areas are due to the very fact that there is no money supply to build these industries. With most of the earth being made of water and more ways even to get drinking water form sea water there is no way that we cant build cultures with enough food. yes in the future there might not me enough aluminium to build that or this but still ponder on it for a while....
