Considerations Against Money ~ Ethics of Money Production
World Crypto Network
Reading of Hülsmann's Chapter 4 argues paper money requires state coercion to survive against commodity money competition, yet offers no utilitarian justification from pre-16th-century monetary philosophy. The chapter refutes three fallacies: economic growth doesn't require proportional money supply expansion (prices adjust instead), entrepreneurs can anticipate deflation without needing inflation

https://relay.towardsliberty.com/da429613cc333c47db04838c7d39262f3153ae7b48954e2dfa3c0fa57a8a2a02.mp4