I used to believe that, but my faith is waning. Perhaps the ability to mint a new currency is the ultimate expression of counter-economics.
Don't get me wrong: I don't think the entire world will ever use one single sound money. The "currency to rule them all" doesn't exist, as they all have flaws.
Would some business-owners use slaves if they could? Yes, and we have proof. Would socialist leaders do the same? Yes, and we have proof. I believe slavery predates money most places.
Would some business-owners use slaves if they could? Yes, and we have proof. Would socialist leaders do the same? Yes, and we have proof. I believe slavery predates money most places.