I’m nearly done listening free MP3s of “What Has Government Done to Our Money?” by Murray Rothbard. I find myself becoming increasingly outraged about the fraud committed against the American people through modern banking. I also find myself surprised and angry that I didn’t know more about this before (e.g., via news media) and that activists for social justice either don’t know or don’t care about these problems.
Sound money – ending the Federal Reserves, insisting on 100% reserve banking, and returning to a commodity-based currency – is typically regarded, by insiders and outsiders alike, as primarily a paleoconservative or right-libertarian issue. Buzzwords like “gold standard” and “free market” are instant turn-offs to many on the Left. That must stop, and we must find power in combining our numbers. We must find a way to convince the progressive Left that central banking, fractional reserves, and fiat currency are fraudulent and harmful to society, particularly its most vulnerable, the poor and those on fixed incomes. We must also convince them that
How do we go about doing that? Any ideas?
BTW, if you’re a progressive (or anyone else not previously interested in sound money) who followed a link to this post, please read or listen to “What Has Government Done to Our Money?” and leave a comment to let me know your thoughts. How do you feel about central banking, fractional reserves, and fiat currency? Do you think you could find enough common ground to work with libertarian? Why or why not?