The Federal government is cracking down on the maker and user of Liberty Dollars.
Now, I want to make sure everyone understands this scenario: someone produces a coin (a round thing made of metal), and backs it with gold and silver. I buy some. I find someone who will take these coins in return for a service, and we voluntarily exchange the 'coins' for the service.
Why would this be illegal? Who, exactly, are we hurting?
Via Lew Rockwell at Mises.
Thursday, October 19, 2006
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