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A question to ACists about money.
I was reading a post by Borodog in reply to ALawPoker, where he mentions how private individuals cannot afford an agressive war because they do not have the power to tax or counterfiet money. This made me think about money in an AC society and I have some questions about it. For one thing what would be used as money? Since money is created by the state, in an AC society I could not figure out how currency would develope. Who would create this money? How would currency hold value without a state backing it?
If these questions have been answered in previous threads could someone provide a link? Thanks. -Chris |
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