“Debt backed currency makes a lot of sense if one is a major stakeholder in a society. It keeps society productive and willing and able to consume not to mention much easier to control (considering a stable legal framework to enforce such contracts.)”
I’m not sure what you mean by this. What’s your reasoning behind debt backed currency keeping society productive and able to consume?
There was a member who I haven’t seen active in a while named Tomozope who participated in a lot of these threads arguing on the side of Byron Dale if I remember correctly. He was difficult to reason with to say the least and I think everyone here will back me up on that. He made a thread a while back. Not entirely sure how relevant it is but there you go.
https://forum.freecapitalists.org/t/a-close-look-at-the-theory-of-inflation/9201
There’s also this thread that goes on forever. There’s probably a lot of good info buried in there if you care to wade through it all.
https://forum.freecapitalists.org/t/austrian-keynesian-theories-vs-mathematical-facts/8856