I'm sorry but paper money is a ridiculous notion. Even if it were an -OK- solution over some time period, I do not trust our current handlers to manage it well.
Mises said a currency crisis always is the ultimate result of fiat money. The path is, of course, not straightforward. The events of the 70s have long run consequences.
Mises said a currency crisis always is the ultimate result of fiat money. The path is, of course, not straightforward. The events of the 70s have long run consequences.