The Free Market Currency Manifesto

The Free Market Currency Manifesto por Michael S. Rozeff:

We need monetary freedom. That is only a start to ending democratic totalitarianism, but it is the essential start.

We need currency issuers that uphold clear property rights transparently in the light of day. Only competition can secure quality and advance. We need customers in markets to drive out of business those companies that undermine the value of their currencies by investing in the wrong assets or by not living up to their charters. We do not need legislators who clumsily and criminally claim and misuse the power to control financial institutions. We do not need legislators accepting money and favors from financial lobbyists and writing laws in their favor.

We do not need central banks with powers to create credit that bail out failing banks, failing insurance companies, failing foreign central banks, and failing governments. We do not need misbegotten attempts to control entire economies by controlling credit. We need to scourge government-sanctioned credit and central banks from the marketplace. We need to separate currency and finance from government power.

In order to rid ourselves of the currency monopoly, we need alternative currencies up and running. But before that we need the will and commitment to open free markets in currency, in both money and credit. We need to know the goal and to know that it is right and to know that what we now have is wrong. We need a Free Market Currency movement.