Quote:
Originally Posted by xyzde69
No... I'm not speaking about counterfeiting even if I would be a fan of it. 
No, in European areas, villages, departments are allowed to create their own local money, but... sadly it's often relied to a 1/1 ratio with the national money.
The idea would be, to create a local money that is relied to another object, like... the kilo of bread as example. You could call it: "The SanteePesos"
During all the time, people having a SanteePesos would be able to get one kilo of bread. 
Fuck off inflation rate.
Like that you become free of the Federal State and all the plutocracy who wants to run you through the monetarian slavery that you don't control by yourself.
That's what I'd call ... a peaceful form of rebellion. |
There is no guarantee that your "Santeepeso" would hold its value. Money, remember, has value only because we all agree that it does.
If you let people start doing that, you'd have all sorts of currency of dubious value floating about, just like we did back in the days of private bank notes. This is why we now have a central federal currency. It's worth it knowing that when you walk into Quik Trip or Target to pay for your gas or groceries your dollars will be accepted without question.
Unless you want to stand there with a handful of Santeepesos arguing with the cashier about Marx and free economies while you wait for the police to arrive.
Here's a case of a guy who thought he was going to make his own money and stamp it with official denominations and get it circulating:
https://www.nytimes.com/2012/10/25/u...hind-bars.html
Not really a smart plan. The government takes a very dim view of such goings on.
This guy was doing precious metal coins, you have to wonder if the metal content in those coins was what he said it was. Just one of the things you have to worry about when a private individual is allowed to coin money.