On Money and Currency and Fear and Trembling

Money, the status achieved by a commodity so tradeable and widely valued that it is universally tradeable and acceptable as payment for anything because it can be offered for payment of anything. Whether anything achieves this status in any measure of time and space (history) is a matter of the particularities of that time and …

On the ultimate temptation to monopoly of currency

The territorial monopoly on decision making (from here on state) lives parasitically off of the production of those citizens it can keep. As productive citizens seek to escape the parasitism the state seeks expansion. It inevitably runs into other competing states. Taxation and regulation have this naturally repellent force. It is happening right now under …