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Tag Archives: Competing Currencies

Competing Currencies and Digital Money: How Hayekian Are Cryptocurrencies?

The Government Monopoly on Money – For a Long Time Unquestioned “I do not think that it is an exaggeration to say that history is largely a history of inflation, and usually of inflations engineered by governments and for the gain of governments.” Friedrich August von Hayek It is a truism that monopolies are detrimental…

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