shouldn't right-libertarians and market-deifiers support floating currencies? (user search)
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  shouldn't right-libertarians and market-deifiers support floating currencies? (search mode)
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Author Topic: shouldn't right-libertarians and market-deifiers support floating currencies?  (Read 804 times)
Gustaf
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« on: February 16, 2012, 02:42:06 PM »
Essentially, fiat currency means that money derives its value from the legitimacy and the monopoly on violence of the state. Right-libertarians don't like the state, so they don't like this.

But the gold standard people is a complete loony fringe everywhere outside of the US. Mainstream free market proponents like myself support floating currencies.
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