Privacy and Fungibility: The Forgotten Virtues of Sound Money

Tags: Gold Standard, Monetary Theory, Money and Banking

07/05/2025 Michael S. Milano

Governments have so corrupted money that we forget that sound money, by providing both fungibility and privacy, has been a defense against overreaching governments. While sound money is in the interests of citizens, governments have managed to destroy it.

Original article: https://mises.org/mises-wire/privacy-and-fungibility-forgotten-virtues-sound-money

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