Thurs. 12/04/12 18:16 EDT
.post #141
[url=Santorum drops out. - #49 by No2statism]
My understanding of “competing currencies” is that it’s not (necessarily) a replacement for, but rather an alternative to, “the state … printing/coining/creating money.” The idea is not to replace one universally-imposed system with another, but to allow, via competition, persons to decide for themselves which currency best suits their individual purposes. So what you, or I, or anyone thinks “the best idea” might be…is irrelevant. Competition means that you can choose what is “best” for you and I can choose what is “best” for me. You might choose differently than I.
“Best” is a valuation, value is subjective, and competition allows the expression of individual (subjective) values.