Re: Which currency system do you think is best?
I think it might be Rothbard's 'The Mystery of Banking' in which he lays out the arguments for free banking and how it would necessarily result in 100% reserve standard (because as individual banks gave out notes they would quickly get redeemed by other banks, so any bank which used less than a 100% reserve standard would be broke fast). So that's what I'm for, the currency developed in a free banking system - 100% reserve gold standard undoubtably.
|